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?
Lots of coins are offering POS opportunities. The recent one and I am finding profitable is token pay. RDD is one classical example how a POS coin may make you rich in sudden rush. But I have badly missed out it. I believe if I would have worked for RDD in faucets itself then by this time I might have own some 10 BTC work of coins as its price raised from below 10 satoshi to ~150 satoshi in recent times.
I did read that ETH may switch to POW+POS algorithm but I am not seeing it happening any time soon. So, instead of waiting for that, I like to suggest to go for any low value POS coins for longer term holding. (I am not marketing RDD coins nor any other coins. Please act at your responsibilities.)
I did read that ETH may switch to POW+POS algorithm but I am not seeing it happening any time soon. So, instead of waiting for that, I like to suggest to go for any low value POS coins for longer term holding. (I am not marketing RDD coins nor any other coins. Please act at your responsibilities.)
Peercoin is a pure proof of stake coin, and it is the first POS coin. All the other coins are copied and changed from peercoin.
Not exactly correct. Proof of Stake had many inventors. At the time Peercoin was announced, there were already discussions in this forum about other Proof of Stake concepts. NXT, for example, was modeled with an earlier PoS implementation in mind. Examples for early PoS discussions:Proof of stake instead of proof of work (July 2011)
Proof of stake (March 2012)
Peercoin was released in August 2012 (see here). I don't want to dispute its historic significance, but it wasn't the only PoS protocol being discussed at that time.
[...]ADA[...]
It's not just PoS.. it's DPos as I understand and it uses the new peer reviewed protocol Ouroboroshttps://www.iacr.org/conferences/crypto2017/acceptedpapers.html , p.71
https://whycardano.com/
Peercoin is a pure proof of stake coin, and it is the first POS coin. All the other coins are copied and changed from peercoin.
There is proof of stake token on etherdelta i learnt they just finished very rigorous and discipline airdrop. I bought some and I minted 10 token in about 3days. Pos is the ticker!
Pretty sure Ark is proof of stake as well.
There is a token called pos token! It is been airdrop right now and the price is very impressive on ED! The aim of that token is to be able to earn more token by pos mining. If you can get some of it I think it will have a lot of value in the future.
Bought some Neblio, I like this coin. On Cryptopia has the first 24 Volume several days in a row. Now going to Hitbtc.
CRAVE and PIVX are my top choices for 100% proof of stake coins, there's many others though.
Had no idea ADA was PoS, thanks guys.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
However, in ADA we're still at the bootstrap era. Once we go on reward era (Q1 2018) and actual staking will commence, rewards will be specified along with the computation layer which will be capable of doing smart contracts under K framework. If that does not excite you I don't know what will.
It's not just PoS.. it's DPos as I understand and it uses the new peer reviewed protocol Ouroboros
https://www.iacr.org/conferences/crypto2017/acceptedpapers.html , p.71
https://whycardano.com/
I guess most of coins with pos were already named here. As for the question about ethereum, it's actually a very good one, since ethereum must go pos some day, it can't remain pow forever. Ethereum byzantium hardfork is sort of ongoing and claimed to be stable, but I'm not really sure anything has changed. The block reward is 40% decreased and the difficulty bomb will explode in a year or so. Thus, eth is still mineable and will not become pos until 2018.
Vcash sports Proof of work at 0.7% per year. Low inflation and 5 digit coin supply. Worth checking imo.
You can make money from Pivx as a POS. Even if you have a lot of money, you can make more money by installing Master Node. So if you have money, there is no obstacle in front of you to make more money. I think Ethereum will also be in PoS soon.
Good article, many thanks!
My favorite high interest rate staking coins are Crave, 808, Rain, 1337, Triangles and InflationCoin.
I never received any payments for Fluttercoin or Embercoin so may sell out of them.
This article has a number of thoughtful points regarding staking and the mechanics of doing so. Like they suggest I also use laptops in order to minimize electricity consumption. https://medium.com/@JiuCrypto/thinking-out-loud-about-pos-coins-and-passive-income-in-crypto-101e6735b651
I never received any payments for Fluttercoin or Embercoin so may sell out of them.
This article has a number of thoughtful points regarding staking and the mechanics of doing so. Like they suggest I also use laptops in order to minimize electricity consumption. https://medium.com/@JiuCrypto/thinking-out-loud-about-pos-coins-and-passive-income-in-crypto-101e6735b651
Had no idea ADA was PoS, thanks guys.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
However, in ADA we're still at the bootstrap era. Once we go on reward era (Q1 2018) and actual staking will commence, rewards will be specified along with the computation layer which will be capable of doing smart contracts under K framework. If that does not excite you I don't know what will.
There are literally dozens of Proof of Stake Coins. POS is next to POW as preferred method in "mining" new coins to be circulated in the blockchain. Pure POS includes holding a certain amount in your wallet and keeping it open, you will be rewarded coins depending on your network weight. POS cryptos differ on ROI rate. One coin I've seen with a large return is DeepOnion. It's currently paying out 10% per year for staking. What's good is that it's not a pure POS coin, it's a hybrid POS/POW coin so it's more decentralized in a sense that not a large amount of bagholders own majority of network stake. They are also airdroppping it as of the moment so it gets distributed to a larger number of people.
There are other types of POS such as DPOS (Delegated Proof of Stake) - you vote for a delegate to "stake" for you, instead of you staking the coin directly. Your reward comes from the delegate whom you voted. He is basically paying you back for the vote you placed on him. You can check on the Javascript based cryptos like LISK and RISE for this type of staking.
There are other types of POS such as DPOS (Delegated Proof of Stake) - you vote for a delegate to "stake" for you, instead of you staking the coin directly. Your reward comes from the delegate whom you voted. He is basically paying you back for the vote you placed on him. You can check on the Javascript based cryptos like LISK and RISE for this type of staking.
There are so may currencies which offer staking. Try new coins because they are low on price and thr is a better chance of having good staking amount, if they survive and become a wealthy currency later on, you will have some good income. This is my strategy and I am doing this.
There is so many coins that is proof of stake. Neo is actually not a proof of stake as you are not required to have your wallet open and online all the time to have to do the work. You can just off your computer while your neo is still generating gas for you 24/7. The current more popular proof of stake coins are buzzcoin, gokucoin etc. They generate high returns so it is gaining a lot of notice.
BlackCoin, VeriCoin, PeerCoin to name a few of the old ones that managed to survive until today. I still believe we are going to see a PoS revival soon so started building positions in these old coins while they are heavily discounted at the moment.
Had no idea ADA was PoS, thanks guys.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
I'm also looking for good PoS coins, but they often require an important amount purchased to be interesting/rewarding.
There are a lot of proof of stake coins. The two that comes to my mind right away are Stratis (STRAT) and Insane (INSN). Stratis does require around 20,000 to 25,000 STRAT to stake around 1 STRAT per day. It's a pretty large investment but will pay off in the long run as the price increases.
I don't think this make any financial sense, the risk to not worth the reward, there are better project to invest in their POS that will give far better reward than Stratis
It alternative proof of work. Proof of stake is the attempt provide consensus privation. Become it will create forks. It external resource for proof stake. with probable of mining a block depends on the work. It will compare the amount of bitcoin mining is 1% of bitcoin hold for the proof of stake. It will know hoe to get the profit and you will have the proof for the getting bitcoin profit.
There are a lot of proof of stake coins. The two that comes to my mind right away are Stratis (STRAT) and Insane (INSN). Stratis does require around 20,000 to 25,000 STRAT to stake around 1 STRAT per day. It's a pretty large investment but will pay off in the long run as the price increases.
I don't think this make any financial sense, the risk to not worth the reward, there are better project to invest in their POS that will give far better reward than Stratis
Also QTUM, ETHD, and honorable mentions for the delegate system of LSK and RISE
My favorite high interest rate staking coins are Crave, 808, Rain, 1337, Triangles and InflationCoin.
I never received any payments for Fluttercoin or Embercoin so may sell out of them.
This article has a number of thoughtful points regarding staking and the mechanics of doing so. Like they suggest I also use laptops in order to minimize electricity consumption. https://medium.com/@JiuCrypto/thinking-out-loud-about-pos-coins-and-passive-income-in-crypto-101e6735b651
I never received any payments for Fluttercoin or Embercoin so may sell out of them.
This article has a number of thoughtful points regarding staking and the mechanics of doing so. Like they suggest I also use laptops in order to minimize electricity consumption. https://medium.com/@JiuCrypto/thinking-out-loud-about-pos-coins-and-passive-income-in-crypto-101e6735b651
Such coins are really so many, the only question is which one You choose, what is the mission the team closer to You and how much You believe in their success. I chose Spektrum - anonymity, ability to use in countries with limited freedoms. As well as 5% with no minimum limit. And of course I believe the demand for this product!
Blackcoin???
That one seems the most viable.
That one seems the most viable.
Nebio is my favorite. Consistently been increasing in price since the ICO and still only 35 million market cap even though they appear to be as far along if not further in development as ADA with 700 million market cap. 10%/year POS
There are a lot of proof stake and it's depend on you which coin you will choose. Your mention coin is one of the most proof stake and many user of that coin are gaining high profit.
NEO is a different kind of POS than regular coin. You don't have to keep the balance online. Other popular POS coins are Trezarcoin, Signatum and Denarius.
Too many to name, everyone that's naming coins now is just mentioning what they are holding 
There are a lot of proof of stake coins. The two that comes to my mind right away are Stratis (STRAT) and Insane (INSN). Stratis does require around 20,000 to 25,000 STRAT to stake around 1 STRAT per day. It's a pretty large investment but will pay off in the long run as the price increases.
I am aware of PIVX and Ada. They are both good and useful coins. I think they both have a great future. They have good teams behind them and real world use cases. When picking a coin to buy that is very important to me. Ada is still new so its a great time to snatch some up before many people are aware of it.lol
An interesting Proof of Stake coin that started this month is Ada (See a short description at Steemit, although written in a pretty promotional manner.) from the "Cardano" team with the "Ouroboros" algorithm. It is, however, a bit expensive.
They at least "claim" to have "proven" the security "mathematically" - in other words, they claim they solved the Nothing at Stake problem, which is one of the reasons why PoS coins can be attacked - in theory - with less than 50% of the staking coins. There are, however, also some people in this forum that dispute that claim.
They at least "claim" to have "proven" the security "mathematically" - in other words, they claim they solved the Nothing at Stake problem, which is one of the reasons why PoS coins can be attacked - in theory - with less than 50% of the staking coins. There are, however, also some people in this forum that dispute that claim.
DeepOnion does.
The PoS interest is 10% in the first year.
Here you can read through a more detailed version:
https://deeponion.org
If you have any questions about the coin feel free to ask here or to send me a pm.
The PoS interest is 10% in the first year.
Here you can read through a more detailed version:
https://deeponion.org
If you have any questions about the coin feel free to ask here or to send me a pm.
CRAVE and PIVX are my top choices for 100% proof of stake coins, there's many others though.
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
Jump to: