Proof of stake is more popular. - page 2.

ivaf

full member

Activity: 980

Merit: 109

Quote from: Onomsum on January 11, 2018, 01:22:48 PM

snip
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anyone know where to stake any coins pool style?
i'm staking every 3 minutes at just-dice but that's the only place i've found so far, for any proof of stake coin.

You can try Proof of Stake here: https://callisto.network/
This is a sidechain Ethereum classic blockchain. It works.

Raizou

sr. member

Activity: 758

Merit: 250

I don't own anything against PoS, but do not even say kidding! What is one of the few amusements today in cryptocurrency? The speculative mining! By the way, it's not the same a few years back and if this PoS mentality swallows most people, cryptocurrencies are definitely in danger of a very sad end! I say this because there is not much function for the cryptos besides speculating, currently speaking!

steveabrahams

sr. member

Activity: 1050

Merit: 254

I think people choose proof of stake than others because of proof of stake is more easier to do than mining. I mean, people are lazy and don't want to buy mining rig and do some maintenance, calculate, electricity etc. People are prefer proof of stake, they only need to hold the coins and get profit. It's more easier to do.

Joran_crypto

jr. member

Activity: 56

Merit: 1

Since the cryptocurrency is a fully automated domain, verifying every single bit of information is imperative to ensure that invalid blocks don’t get entry into a blockchain.

In order to verify and secure transactions, two major blockchain consensus algorithms are used. The first kind is the traditional Proof of Work (PoW) model and the second is a comparatively newer version known as Proof of Stake (PoS).

The primary attempt of this article is to break down the functioning of the PoS to inform the reader about things like Proof of Stake implementation, Proof of Stake validation, as well as, Proof of Stake attacks.The number of blocks a single node can validate depends on the number of coins he/she is staking. In other words, you can only validate as many transactions as the number of coins you have in your wallet.

Danica22

full member

Activity: 195

Merit: 100

Free crypto every day here: discord.gg/pXB9nuZ

Proof of stake is one of the easiest way to invest your money. Unlike in pow, you need a machine which is the one who will work for you. So meaning you need a big capital. I'll go for POS rather than POW.

Trimegistus

legendary

Activity: 1565

Merit: 1027

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!

cryptosifu

sr. member

Activity: 378

Merit: 251

Proof of stake cryptocurrencies are popular due to earning additional coins without any special or expensive equipment. All you need to do is keep your wallet open and unlocked for a period of time and you'll start earning stakes.

andeonnut

jr. member

Activity: 238

Merit: 2

Arion is getting listed on CryptoBridge!

I'm staking it.

Info:
MUTUAL REVIVAL DISCORD: discord.gg/dM33yQ4
ARION DISCORD: discord.gg/G6bWTPp
FACEBOOK: facebook.com/arioncoinoffic…
TWITTER: twitter.com/ARION_COIN
TELEGRAM: t.me/arioncoinoffic…

$$$

Trimegistus

legendary

Activity: 1565

Merit: 1027

Quote from: kdn on January 14, 2018, 07:52:06 PM

waste of time man, l did it for 30 days and got a few cents worth.

Either your choice of coin was wrong or you invested just a few dollars. Staking PoS v3 coins is currently the best way to get a steady income from crypto assets.

Take a look at this:

These are real figures of a DMD's masternode rewards.

And it can be done with a Raspberry Pi!

Check it out:

https://diamond-info.github.io/

CryptoForEveryone

newbie

Activity: 23

Merit: 0

Delegated Proof of Stake is more eco friendly.
What do you guys think about DPoS?

herromerro

sr. member

Activity: 420

Merit: 250

Quote from: Murloc on January 14, 2018, 07:47:49 PM

Do you even realize how dumb it sounds like? You just tried to compare two search requests. Even if PoS realy gained some more followers then miserable growth may be shown as a huge % growth. Like we had 1 miner and 1 more joined him this year so the coin gained +100% of followers.

Quote from: herromerro on January 14, 2018, 07:21:52 PM

Many investors want to see some more incentive except value increase. And I'm seeing more projects are implying pos as I can follow.

That is a simple greed that in most cases will lead do money loses. Don't forget that PoS mining is a favorite thing of MLM scammers and other trash.

One side is greed but it could also prevent the manupulations. Many people would want to hold or invest in long term. Even value doesn't go up too much, there will be benefit. Of course there should be a way to use those coins and burn them and stake new ones.
I prefer pos. But not basic one, complicated.
I'm sick of manupulations.

kdn

newbie

Activity: 57

Merit: 0

waste of time man, l did it for 30 days and got a few cents worth.

Murloc

full member

Activity: 322

Merit: 103

Do you even realize how dumb it sounds like? You just tried to compare two search requests. Even if PoS realy gained some more followers then miserable growth may be shown as a huge % growth. Like we had 1 miner and 1 more joined him this year so the coin gained +100% of followers.

Quote from: herromerro on January 14, 2018, 07:21:52 PM

Many investors want to see some more incentive except value increase. And I'm seeing more projects are implying pos as I can follow.

That is a simple greed that in most cases will lead do money loses. Don't forget that PoS mining is a favorite thing of MLM scammers and other trash.

tsaroz

legendary

Activity: 3150

Merit: 1069

Proof of stake is not that popular, it came as a hype and a rewarding way but it does not solve anything. Masternodes are much more popular as they are an alternative to power hungry mining process.

Fluffinfinity

member

Activity: 158

Merit: 10

Proof of stake's becoming more popular because of many bounty and campaigns that helps our member to earn money easier. It was very popular for it's very known even for newbies.

herromerro

sr. member

Activity: 420

Merit: 250

Many investors want to see some more incentive except value increase. And I'm seeing more projects are implying pos as I can follow.

inillo

member

Activity: 254

Merit: 18

Staking is probably the best mechanish technically due to the low use of power and the relatively low transaction fees. By staking Waves you get some very interesting tokens. I just do it for fun really.

buytheeffinD

full member

Activity: 266

Merit: 101

The revolutionary AI gaming ecosystem

I like POS coins a lot more than POW coins but that is probably because I don't have a miner and I'll admit there is a bias there.

Quote from: inillo on January 11, 2018, 04:11:33 PM

Quote from: sylance on January 11, 2018, 01:49:18 PM

I think people are beginning to realize mining is chewing up way to much energy while also consolidating power to the point that even Bitcoin isn't considered decentralized anymore. I'm a big fan of PoS because even a basic crypto-user can understand how to down, install, and stake their coins. I'm staking DeepOnion and getting 1-3 coins a day... great passive income while holding for the future.

I would be very interested in how to stake my Onions (not that I have a lot but...) Could you provide a link with information about this one. I think the coin has plenty of room to grow.

Google deeponion stacking or deeponion staking and got a bunch of hits take your pick

https://deeponion.org/community/threads/deeponion-video-how-to-earn-onions-with-stacking.11787/

https://steemit.com/crypto/@sowellsvt/deeponion-tor-wallet-staking-tutorial

https://medium.com/@bykardinal/deeponion-staking-guide-66fce0ecc901

https://deeponion.org/community/threads/deeponion-wallet-staking-tutorial.31/

Onomsum

newbie

Activity: 38

Merit: 0

Quote from: inillo on January 11, 2018, 04:11:33 PM

Quote from: sylance on January 11, 2018, 01:49:18 PM

I think people are beginning to realize mining is chewing up way to much energy while also consolidating power to the point that even Bitcoin isn't considered decentralized anymore. I'm a big fan of PoS because even a basic crypto-user can understand how to down, install, and stake their coins. I'm staking DeepOnion and getting 1-3 coins a day... great passive income while holding for the future.

I would be very interested in how to stake my Onions (not that I have a lot but...) Could you provide a link with information about this one. I think the coin has plenty of room to grow.

i thought about checking it out myself, but i don't have accounts with the exchanges.

just click that guys link and download the wallet i presume, you can stake for ur pc i think

also working faucet link would be cool Grin

ujinice

member

Activity: 574

Merit: 15

Very popular due to the lack of miners and low transaction costs compared to PoW.

Topic: Proof of stake is more popular. - page 2. (Read 498 times)