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Topic: Proof of stake is more popular. (Read 498 times)

full member
Activity: 728
Merit: 104
May 05, 2019, 08:48:26 AM
#47
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.
sr. member
Activity: 1274
Merit: 267
May 05, 2019, 07:44:57 AM
#46
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.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
May 05, 2019, 07:26:50 AM
#45
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
sr. member
Activity: 728
Merit: 252
April 17, 2019, 10:18:23 AM
#44
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.
hero member
Activity: 1414
Merit: 516
April 17, 2019, 07:35:46 AM
#43
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.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 17, 2019, 06:27:06 AM
#42
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.
sr. member
Activity: 1050
Merit: 254
April 16, 2019, 10:40:55 PM
#41
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.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
April 16, 2019, 10:17:18 PM
#40
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.
member
Activity: 812
Merit: 11
April 16, 2019, 10:04:19 PM
#39
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
legendary
Activity: 2240
Merit: 1069
April 16, 2019, 09:31:03 PM
#38
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.
hero member
Activity: 3080
Merit: 603
April 16, 2019, 08:57:43 PM
#37
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.
sr. member
Activity: 868
Merit: 281
April 16, 2019, 08:50:19 PM
#36
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.
member
Activity: 714
Merit: 11
BountyMarketCap
April 16, 2019, 07:58:10 PM
#35
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.
copper member
Activity: 1568
Merit: 0
April 06, 2019, 11:48:54 AM
#34
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.
member
Activity: 644
Merit: 10
March 30, 2019, 03:10:49 PM
#33
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.
hero member
Activity: 1204
Merit: 505
March 30, 2019, 02:36:00 PM
#32
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.
sr. member
Activity: 1183
Merit: 251
March 26, 2019, 10:27:13 AM
#31
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.
full member
Activity: 504
Merit: 115
Silent Reader~
March 26, 2019, 10:03:35 AM
#30
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.
full member
Activity: 602
Merit: 100
March 26, 2019, 09:18:59 AM
#29
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.
member
Activity: 784
Merit: 21
March 26, 2019, 09:05:53 AM
#28
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
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