Author

Topic: Staking? (Read 691 times)

legendary
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
November 29, 2014, 11:03:57 PM
#2
Its getting paid a percent of what you hold in your wallet. That percent varies by coin. There is a list of the highest POS (proof of stake coins) found here: http://bitcoinlasvegas.net/category/highest-percent-proof-of-stake-coins/ . They are in order from the highest percent to the lowest.
hero member
Activity: 1064
Merit: 500
MOBU
November 29, 2014, 10:42:12 PM
#1
Hi,

Not the brightest bulb on the string here. Can someone explain what 'staking' is? In simpleton terms please.

Thanks
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