Bitcoin Forum

Hello Guys, can anyone explain to me the difference between a POS coin/token & a Masternode one !?!, or refer me to a thread that explains the difference. I can barely see any difference as both depend on the holders to keep holding their coins.

With POS coins you are staking coins i.e. holding coins in a full node client wallet to accumulate enough stake to mine a block and earn a reward based on the POS annual percentage rate for that coin. Typically with POS you can hold any number of coins and still be eligible to stake. The more coins you have and the longer you have them staking, the quicker you will be able to earn enough stake to mine a block and earn a POS payment. Your client node doesen't need to be online to earn stake, but it must be online to be able to mine a block to earn a reward.

With masternodes you are hosting a full node client and holding a fixed number of coins as collateral in order to be eligble to perform network functions for the blockchain and are rewarded a fixed number of coins from the POW block for that service. Your masternode must be online in order to be able to qualify for a payment.

Very clear, much appreciated  :)