Well if you look for an Altcoin to invest many people have not heard about, try StakeNet
Let me explain why I think
StakeNet / XSN is one of the best altcoin to invest in...
StakeNet has invented the world’s first
Trustless Proof of Stake (TPoS) coin, based on the Bitcoin.core blockchain-architecture, that allows users to safely and conveniently stake their XSN coins.
That brings the possibility:
- to Cold Stake from your Ledger Nano
meaning
- your wallet does not have to be online 24/7
- this is the most safe way to store and stake your coins
If you wonder how the differences between Leased Proof of Stake and Delegated Proof of Stake are and WHY StakeNet / XSN offers a better solution, read this article:
https://medium.com/stakenet/cold-staking-tpos-vs-lpos-vs-dpos-ebeef4f71c48There are masternodes as well:
- to ensure a fully decentralized system while providing networkservices like Instant Send and a governance system.
- to host and manage the world first truly decentralized exchange in a profit driven ecosystem and enable Light Atomic Swaps between different blockchains, including the use of the Lightning Network.
- the masternodes are used to offer Cross Chain Proof of Stake (CCPoS) services for other blockchains, based on the bitcoin.core blockchain-architecture.
The DEX and the CCPoS is planned for Q2-Q4 in 2018. We are currently at block ~100.000. Block rewards will decrease with time by 5 (currently 45 XSN reward per block). The whitepaper will be released in 5 days from now. This should bring some action marketcap wise I guess.
It's a rebrand of POSW since March 1 in case you have heard it before.
Financial / Marketcap:It's ranked #365 at cmc with just a marketcap of ~22m USD $. For me, this is way too low. It's one of the most undervalued gems with having the state of art for staking right now. There is no better, more private or more decentralised way of staking right now. If the DEX is released and CCPoS is working, we are talking about a Top100 project for sure with multiple hundred millions of marketcap.
Don't take that as a financial advise, do your own research. Look into our discord or read more about XSN on twitter/youtube/bitcointalk. There are a lot of great medium / cointelegraph articles as well. Just search for "StakeNet" or "XSN" on medium or cointelepgrah. It's worth the hour or two you need to invest to really realize how great this coin is in the future and how it will feed the need of Staking as a Service..
The
Discord can be found here for more information:
https://discord.gg/NvPrQGQThe
Bitcointalk annoucement / discussion thread is placed here:
https://bitcointalksearch.org/topic/annxsn-stakenet-the-worlds-first-trustless-proof-of-stake-coin-3213013The
Medium articles can be found here:
https://medium.com/search?q=stakenet