Topic: Proof of stake is more popular. (Read 483 times)
POS is the most proven option for the entire cryptocurrency system, this is my opinion on this matter. Therefore, I think that there are big and successful situations in relation to the work as a whole. I think that many projects will switch to this algorithm.
Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
It's popular just because it's too hard for people to find a profitable Proof-of-Work coins. Most of POS coins are also affordable to start and even the profit isn't really huge yet but it has high potential to grow anyway. Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
This kind of protocol mechanism really has real positive indicators, because there is a demand that is needed today. I hope that everything will work out and you still select POS as a permanent protocol.
Indeed proof of stake is a good option for people who not afford to buy mining equipment or where the mining is not profitable because of the cost of electricity. But not always the coin that are only PoS can maintain a price and more and more time the price of this coins drop and people can lose money.
I think people are trying to search for the profit from POS. The proof of stake is easy to do and don't need too many things to start. You can run masternodes, or you can try to join with the shared nodes. And if you have the limit budget, then I suggest trying with the shared nodes so you can start to earn some rewards.
The pool that I know it could be used for staking is:
Stake-cube.net
Btcpop.co
Or you try to visit https://masternodes.online/ to find out more about masternodes. You can also search for the other coin that could be a POS and where they can be staking.
And if you want to start your own masternodes, it will need a big cost to start because you need to have VPS which can online 24 hours and 7 days, so you don't miss any rewards.
The pool that I know it could be used for staking is:
Stake-cube.net
Btcpop.co
Or you try to visit https://masternodes.online/ to find out more about masternodes. You can also search for the other coin that could be a POS and where they can be staking.
And if you want to start your own masternodes, it will need a big cost to start because you need to have VPS which can online 24 hours and 7 days, so you don't miss any rewards.
I can say yes, proof of stake is more popular because you don't need to buy mining rigs/mining tools. Also you don't need to calculate the profit of mining. On the other hand, you only need to stake the coins for POS and you get profit from staking the coins. No need to buy tools or mining rigs.
PoS will became mainstream and absolutely dominant as soon as ETH implements the Casper algorithm.
That's why this is the right time to invest in good and solid PoS projects!
This time a lot of platforms are interested to use PoS combined with PoW to create a truly decentralized blockchain. PoS already become the mainstream consensus and so many platforms have used it. Ethereum will use a hybrid system. it's not fully become a POS system. That's why this is the right time to invest in good and solid PoS projects!
PoS has been with us for a while but only recently it has been taking recognition. One evidence is that ETH making a switch to PoS. Bitcoin's PoW if great but we all know it requires a lot of power to operate. While in PoS, it requires much, much less. I believe PoW is still the superior but PoS is not that far behind.
Many coin right now are PoS. Ethereum switch to PoS but mineable coin still my favorite. I am holding a few different PoS coin but in small amount and not plan to staking because dont have reliable computer
PoS has been with us for a while but only recently it has been taking recognition. One evidence is that ETH making a switch to PoS. Bitcoin's PoW if great but we all know it requires a lot of power to operate. While in PoS, it requires much, much less. I believe PoW is still the superior but PoS is not that far behind.
Cardano, EOS, and soon Ethereum will be proof of stake, among others. Given that banks are no longer issuing interest for money held in deposit, this could be the alternative as people seek additional sources of income. Again, where businesses fail to address the needs of the market, the market will eventually address these needs.
I'm waiting more for the change of Ethereum into PoS.That's the most awaited altcoin to change its algo soon.
Cardano, EOS, and soon Ethereum will be proof of stake, among others. Given that banks are no longer issuing interest for money held in deposit, this could be the alternative as people seek additional sources of income. Again, where businesses fail to address the needs of the market, the market will eventually address these needs.
ease in getting rewards from stake calculations is very simple and effective. crypto world always gives a new thing, and actually proof of stake can also be used as other workers who work in factories or companies.
Definately Proof of stake is more popular because when you do the work in bounty campaign so you get a stake which is the proof of your work that how much wok have you done.
I can agree with you that the proof of stake algorithm is quite popular but I don't think it has been accepted fully by the community because a lot of persons are already used to bitcoin and how bitcoin works and are not ready to change their mentality towards any crypto project that is not built around the bitcoin concept, even google refused to include ethereum logo to there keyboard because they fill that the algo is still under test.
As for Bitcoin, there are still a lot of questions because it is not known, or this habit drives users of cryptocurrency, or is it still a big hope for real opportunities with Bitcoin. In any case, if Bitcoin is really used, it will only benefit the cryptocurrency market. I would also like to mention this fact, that it’s not for nothing that Google decided to conduct a dual payroll system in Fiat and Bitcoin for its employees in different parts of the world. 
I can agree with you that the proof of stake algorithm is quite popular but I don't think it has been accepted fully by the community because a lot of persons are already used to bitcoin and how bitcoin works and are not ready to change their mentality towards any crypto project that is not built around the bitcoin concept, even google refused to include ethereum logo to there keyboard because they fill that the algo is still under test.
Yep. What I notice is that PoS is growing and becomes popular in the whole of cryptocurrency. The pos coin does not require the large electrical energy like PoW and the easiest way to get additional income only by staking your PoS coin.
We need more conservative consensus and POS is one of the answers. POW consumes a lot of energy when the difficulty gets an increase. POS is the future because that gives ability to the token holders and it's not only just a worthless coin.
Yep. What I notice is that PoS is growing and becomes popular in the whole of cryptocurrency. The pos coin does not require the large electrical energy like PoW and the easiest way to get additional income only by staking your PoS coin.
POS is a relatively new protocol that is very often used today in many projects. I still think that a very large number of people now recognize not only POS but also POW, which was previously. In general, I can probably say the matter of speed.
In my own point of view in the near future Prove Of Stake (POS) will be the better easier haven for cryptocurrency investors ,I was a miner who loves building mining rigs but since market condition turns down and keeps crumbling mining has not been profitable since then so what makes it not profitable presently is electricity cost so pos is better
Jump to: