I think the stake has a written contract which gives them more security to protect their investment which is very great
because it raise more confidence in the part of the investors that they are safe.
Topic: Proof of Stake (Read 1779 times)
No Ethereum is still using POW, but will soon move 50% to POS,as well as cut the reward for the block.
Popular proof of stake cryptocurrencies toda are Dash, NEO, PIVX, OkCash, NAV Coin and Stratis. Also there are a lot of other new coins using proof of stake, and Eth will switch to it too.
as far as I know, the ether is planning to switch to POS technology, but no specific dates have been announced yet.
Back in that year, the POSToken token appeared. However, the developer decided not to engage in on him.
Back in that year, the POSToken token appeared. However, the developer decided not to engage in on him.
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
There are a couple sites out there that list a good number of coins. I don't want to suggest any because they are easily found searching the internet. The ones that I use do nothing other than give the information on the coins, not an exchange, nothing else at all. There are loads of POS coins, at least a hundred or more. Most are like the others, either dead or forgotten, but not all.
Ethereum has proof of work algorithm. But developers works under creation of combined algorithm, which will consists of proof of work and proof of stake.
I like POS too and my favourite is Neo. There are quite a number of POS coins around. Here a website that have plenty of them.
https://www.poslist.org/
You may want to research about masternode coins, it is interesting to know.
https://www.poslist.org/
You may want to research about masternode coins, it is interesting to know.
My 2 favs are Ignition Coin (IC) and Marble Coin (MARCO)
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
Find a good site that you can control the listing and then have it listed by algo and there you go. Picking the same info from an exchange is ok too, because at least there you know that the coin is listed and traded somewhere.
MMOCoin and Solaris presently has proof of stake. try and google it and follow through to their sites or better still search in the forum here to get the right links
There is also NEM, it uses the POI algorithm. He is very much like a POS, but with his nuances. Supernodes need 3 million NEM.
I remember a massive clusterfuck happened with NXT, and it was due the PoS model being exploited, namely the "nothing-at-stake" problem which was never solved as far as I know.
Can you give more details? I don't remember that event, and I was involved in the NXT community for a while. The most close thing was a BTER hack, but that was a simple "exchange hack" and had nothing to do with the protocol. That hack could have been exploited for a PoS attack. However, the hacker would have had to buy about one time more the hacked amount (afaik the hacked amount was a little less than 10% of the supply, and he would have needed 15-20%).AFAIK the nothing-at-stake problem was used only in an attack to a very small coin (APEX, attacked successfully by cynicSOB).
Quote
Overall the top people in the field have concluded that they wouldn't trust their coins in a PoS coin. The distribution of the initial supply is problematic, and the several exploits in the long term don't make it strong enough to hold anything long term.
I agree with respect to the distribution of an initial supply via an ICO. However, the initial supply can be distributed via PoW like it occurs in Peercoin. N@S is an ongoing debate, there are multiple approaches like Cardano, Casper, or Snow White to make PoS more robust against it - at the end, the big question is if a N@S attack is easier or harder than a standard 51% PoW attack. Both attacks are very likely so hard and unpractical that they will never have success in large cryptocurrencies.
I remember a massive clusterfuck happened with NXT, and it was due the PoS model being exploited, namely the "nothing-at-stake" problem which was never solved as far as I know.
Overall the top people in the field have concluded that they wouldn't trust their coins in a PoS coin. The distribution of the initial supply is problematic, and the several exploits in the long term don't make it strong enough to hold anything long term.
So far there's nothing better than PoW, we have seen many approaches, but all of them have big exploitable problems.
Overall the top people in the field have concluded that they wouldn't trust their coins in a PoS coin. The distribution of the initial supply is problematic, and the several exploits in the long term don't make it strong enough to hold anything long term.
So far there's nothing better than PoW, we have seen many approaches, but all of them have big exploitable problems.
Proof of Stake coins are for example Neo, Lisk, Pivx, Crave, Deep Onion, ADA, Stratis, Insane, Signatum, Denarius, Vericoin, Peercoin, Neblio, ARK etc.
There is so many coins that are offering POS opportunities. POS will pay off in the long run as the price increases.
There is so many coins that are offering POS opportunities. POS will pay off in the long run as the price increases.
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
ETH POS will launch with casper.
I heard of a website call poslist.org which keeps track of all POS coins and may be helpful for your query.
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
Mind you everyone that this question was asked on October 16, 2017. The Ethereum development team has delayed and delayed their planned switch to POS leaving the real date when unknown.
Would it now be safe to ask if Ethereum is really stalling because Vitalik knows he cannot allow to make the switch to POS without falling in market cap?
In reference to past events, when a cryptocoin swtiched from POW to POS its market cap fell.
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
Tokenpay
Wanchain
Many coin run on Proof of Stake ! You can find your best coin in bitcointalk.org ( this forum)
And can seaching via google!
And can seaching via google!
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Thanks in advance
I believe there are many coins that offer POS. Doge, dash, dav, neo. ect.. They have a list a blockonomi Here is the link. https://blockonomi.com/proof-stake-cryptocurrencies/
Do you mind if I ask what your interest or thoughts are heading with POS coins?
Hi which coins currently offer proof of stake? I've heard NEO and LSK do, but wondered whether any other coins do at the moment and how do I go about it? Is ETH POS available yet?
Thanks in advance
Is there ongoing ico projects that use the proof of stake system?? Good if it has a lot of proof of stake coins from purchasing pre sale an ico that use proof of stake system.Thanks in advance
Someone can tell me ico using pos system?
Jump to: