Topic: What is best PoS coin to invest into right now? - page 6. (Read 71398 times)

Thank you my friend, I have been looking at EOS for a while now but haven't taken the plunge to buy any. Waves I do own and have since 3 years ago now and I really like how they have their leasing feature. My goal is to build up enough PoS and masternodes as I can so that in the near future I'll be able to live off the passive income that they generate so this thread will help me and anyone looking to do the same.

Sure thing. Once you get a hold of how RDPoS works, you'll notice that it's much more decentralized by design than DPoS and PoS. The RDPoS consensus algorithm is highly scalable, and energy efficient like PoS. The difference is that instead of holding the coins yourself on the wallet for profit, you propose yourself to the community as a delegate. If elected among a pool of several delegates, you'll get the chance of earning that cryptocurrency on a regular basis (like passive income). This is more democratic than PoS, as you would only get to profit and support the blockchain if you're elected (not everyone can participate in the consensus process).

The same principle applies to DPoS, but the main difference of IoTeX's RDPoS algorithm is that it randomly chooses delegates from a pool of elected delegates (instead of the same delegates overseeing consensus all the time). Whenever this would become successful, is yet to be seen but the approach is quite innovative.

Speaking of DPoS, EOS is also one of the best coins to invest into right now as it allows you earn coins by simply leasing your balance to other accounts. There's a platform known as Chintai which allows you to do just that. On the other hand, there's Waves cryptocurrency which pays you on a regular basis by leasing your coins to other nodes (LPoS consensus algorithm).

Which means that if you invest into both EOS and Waves, you can build a nice passive income that will last for years to come (if their Blockchain networks are still alive of course).

This IoTeX coin sounds interesting with this RDPoS algorithm as I've never heard of it before or even heard of DPoS lol so I'll be checking it out for sure. I'm always looking for new PoS coins to add to my ever growing PoS portfolio of coins. Thank you for sharing!

Completely agree with you, mate. IoTeX relies on a new consensus algorithm known as RDPoS which is believed to be an improved version of DPoS used by EOS and other major cryptocurrencies. In my opinion, RDPoS is much more decentralized than DPoS by design which would contribute towards a healthy and stable blockchain network. The IoTeX cryptocurrency while being new, it has a solid development team and community behind it. Investing into it now, would allow you to experience greater returns in the future. However, everything will depend on the current price of the coin and how well it's used within the mainstream world.

Nonetheless, I consider the top PoS cryptocurrencies as the ideal ones to invest right now. Those are IoTeX, Tezos, TRON, EOS, Cardano, NEO, HotShot, Magi, Bean Cash, and Diamond. The list keeps on growing, providing you with a wealth of opportunities to choose from.

One of the best Coin with PoS to bet on for the foreseeable future is undoubtedly IoTeX, which shortly, on March 15th, will launch its Mainet and begin voting for the delegates.
Depending on the Coin owned and how many days you want to block the Coin, you can get to receive between 20% and 25% through the PoS staking.

Excellent team and real and operational use cases; I'm sure we'll hear about it soon, as it will cut out its space in the vast field of IoT.

https://iotex.io/
https://iotex.stakingteam.com/
https://iotexlab.io/

Interesting. While none of these coins are PoS, they're still a great way to make some profit over the long term. Among the coins you've mentioned, I would choose Zcoin as my top pick of them all. It has a solid record of development being one of the first cryptocurrencies to implement and make use of Zero Knowledge Proofs. Considering that it relies on Masternodes technology, you'll be able to build your own passive income while fully supporting the Blockchain in many ways.

Speaking of masternodes, there's a coin (called StakeNet) that uses such feature, but it's also PoS. The development team is highly active, and the community is very friendly. While it's still undervalued these days (probably because of the crypto bear market), it's a great entry-point to get into masternodes and staking at a discount.

As of PoS coins, there's lot of them but some aren’t worth your investment. I believe that the best ones will be such that can deliver constant development, usage, and most of all, a steady rate of inflation that will prevent the price from becoming highly inexpensive within the market. So far, Peercoin seems to be the best PoS coin among them all because it has a dedicated community and development team, as well as, a steady inflation rate of 1% APR that prevents it from becoming worthless over time. Just my opinion

Most recently, ether has taken another step towards PoS technology. I think that now is a good time to invest in ethereum. I hope that the price of this coin will increase significantly.

if for myself it's not good and I won't buy the coin because the new coin has a big risk. so I prefer to buy old coins like ethereum and bitcoin for investment

I made good money on Tulipmania coin.  Check out their chart on Coinexchange.  The best POS coin can depend on how fast you are.  The are at 125%.  Diverse is like 7000 percent and one day I got 22 million in one stake.  Several multimillion coin stakes a week with not that much invested in it.  I just use the stakes to buy more stable staking coins and some of the top 50 coins.  No risk, no reward.  But I wouldn't stand behind these coins.

In fact, some of the coins are run by dev teams who don't care at all about them. They'll kill the coin when they find they've made enough and care nothing about the people who are staking them besides themselves.  You have to try to stay one step ahead of them. 

What are you think about 3DCoin? It is not PoS, only Masternode coin. They have a very active devs team, and community. Also, they have 3000 masternodes before coin listed to any exchange.

links:
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=1670989.0;topicseen
Official forum page: https://3dctalk.net
Telegram link: https://t.me/Project_Districts

I still think that HotShot is one of the most promising PoS projects out there right now as they have recently launched their DEX, forum and now they are working on their online crypto casino which they hope to launch by the end of the year. There is a lot to look forward to with this project and that is why I have been accumulating slowly and also staking as its been doing well. By the way we can stake HTS on their DEX HotDex as well as a few other coins.

You should keep an eye on Moac because of their dual layer system that includes both Pow and PoS. They also allow dapp developers to choose their consensus mechanism

Of course, I have nothing against Bitcoin and Ethereum, but if we talk about other Altcoins, then here you need to make a selection in the chat. The fact is that almost 60% of all altcoins do not have a final product, which indicates their short-term perspective for investors.

for myself I will not invest in new coins because it is very risky because there are many new coins that have died. so I prefer to invest in old coins like bitcoin and altcoin

There are many different coins, but after I lost a fairly large amount of my money because of buying PoS coins, whose teams were weak and the prices of these coins dropped to almost zero, I began to choose coins more carefully for investment. I also noticed that low-emission coins are not getting cheaper as fast as high-emission coins. Recently I found a good service for selecting PoS coins with information, risk assessment and a coin profitability calculator. https://stakingrewards.com

that's ETH. we will not talk much about ETH's potential anymore, it is too obvious.
Their PoS is about to be released and they are in the process of revising everything. According to what I know, PoS of ETH will work best compared to other altcoins.
Using their credibility to exchange for promises, I think they will do well PoS and we should accumulate money to try their PoS experience.

For me, there is no quality POS (not secure enough). Either they are masternodes / pow, or DPOS (but profitability <5%), or token exchange dividends.

So in my opinion, the best altcoins that generate passive profitability are:

- Smartcash: Ok it's not POS, but in terms of profitability it's 49%, which is really interesting especially in bearmarket. It takes 100k smartcash for 1 masternode currently.

- Zcoin: It's a masternode too. It takes 1.6 BTC for 1 masternode, it is one of the best anonymous crypto on the market. And the profitability is 20%. $ 300 of gain for 1 month

- Bibox token is also very interesting. It's a good future exchange. With very good network relational (Huobi among others). And we can lock these bibox token and then get paid every week in ETH. This makes it possible to reinvest directly in another altcoin since one gains them on the exchange. However, the profitability was better last year since the% is also calculated on the volume circulating on the exchange. And in this bearmarket, it's a little less good ..

Seems that POS coin is not that famous anymore
I've seen more and more people are into masternodes because it seems to have a better reward mechanism compare to POS
However it also requires more computer power to run tho

I really like hybrid projects, I think it brings together the best possibilities in a single project. I think Decred will one day be recognized and maybe even Peercoin will get attention.

https://bitmesh.com/exchange?market=btc_vsys#/ VSYS now has listed on BitMesh exchange