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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Onomsum on January 11, 2018, 06:22:48 PM



Title: Proof of stake is more popular.
Post by: Onomsum on January 11, 2018, 06:22:48 PM
Across the board.
https://trends.google.com/trends/explore?date=today%205-y&q=proof%20of%20stake,proof%20of%20work
And also becoming more popular in the united states.
https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=proof%20of%20stake,proof%20of%20work



 :o :o :o :o

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.


Title: Re: Proof of stake is more popular.
Post by: Ru1016 on January 11, 2018, 06:32:26 PM
Agreed we are moving that direction. And by “we” i mean sentiment. But i think the key will be not just proof of stake, but delegated proof of stake. Apart from the “golds” and value storing cpins where proof of work has a ton of value, 2018 will be the year for shifting to dpos for functional utility in my opinion


Title: Re: Proof of stake is more popular.
Post by: Onomsum on January 11, 2018, 06:38:57 PM
so, would any sort of pooled method of staking be kind of like an unofficial way of delegated stakes?


Title: Re: Proof of stake is more popular.
Post by: sylance on January 11, 2018, 06:49:18 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.


Title: Re: Proof of stake is more popular.
Post by: Onomsum on January 11, 2018, 09:02:45 PM
looked at deeponion, was trying to find a chart of the network weight  ???
I'm hooked on the clams and just-dice because i get paid my stake shares every three minutes. Dunno if i'll find anything with a frequency of payout that i like


Title: Re: Proof of stake is more popular.
Post by: inillo on January 11, 2018, 09:10:04 PM
Across the board.
https://trends.google.com/trends/explore?date=today%205-y&q=proof%20of%20stake,proof%20of%20work
And also becoming more popular in the united states.
https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=proof%20of%20stake,proof%20of%20work



 :o :o :o :o

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.

There quite a few PoS coins out there, and not just the relatively unknown sh?tcoins, but well know ones such as NEO and WAVES. Those two are easy to stake, although they don´t give a huge return.


Title: Re: Proof of stake is more popular.
Post by: inillo on January 11, 2018, 09:11:33 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.


Title: Re: Proof of stake is more popular.
Post by: ujinice on January 11, 2018, 09:16:36 PM
Very popular due to the lack of miners and low transaction costs compared to PoW.


Title: Re: Proof of stake is more popular.
Post by: Onomsum on January 11, 2018, 09:25:05 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  ;D


Title: Re: Proof of stake is more popular.
Post by: buytheeffinD on January 11, 2018, 09:26:39 PM
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.


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/


Title: Re: Proof of stake is more popular.
Post by: inillo on January 14, 2018, 11:09:20 PM
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.


Title: Re: Proof of stake is more popular.
Post by: herromerro on January 15, 2018, 12:21:52 AM
Many investors want to see some more incentive except value increase. And I'm seeing more projects are implying pos as I can follow.


Title: Re: Proof of stake is more popular.
Post by: Fluffinfinity on January 15, 2018, 12:40:39 AM
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.


Title: Re: Proof of stake is more popular.
Post by: tsaroz on January 15, 2018, 12:42:45 AM
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.


Title: Re: Proof of stake is more popular.
Post by: Murloc on January 15, 2018, 12:47:49 AM
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.
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.


Title: Re: Proof of stake is more popular.
Post by: kdn on January 15, 2018, 12:52:06 AM
waste of time man, l did it for 30 days and got a few cents worth.


Title: Re: Proof of stake is more popular.
Post by: herromerro on January 15, 2018, 12:58:21 AM
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.
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.


Title: Re: Proof of stake is more popular.
Post by: CryptoForEveryone on January 30, 2018, 08:37:00 AM
Delegated Proof of Stake is more eco friendly.
What do you guys think about DPoS?


Title: Re: Proof of stake is more popular.
Post by: Trimegistus on January 30, 2018, 09:00:25 AM
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:

https://i.imgur.com/CZXN847.png

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/


Title: Re: Proof of stake is more popular.
Post by: andeonnut on March 16, 2018, 05:44:19 AM
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…

$$$


Title: Re: Proof of stake is more popular.
Post by: cryptosifu on March 16, 2018, 05:51:36 AM
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. 


Title: Re: Proof of stake is more popular.
Post by: Trimegistus on March 16, 2018, 12:10:54 PM
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!


Title: Re: Proof of stake is more popular.
Post by: Danica22 on March 16, 2018, 12:58:11 PM
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.


Title: Re: Proof of stake is more popular.
Post by: Joran_crypto on March 26, 2019, 11:08:59 AM
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 (https://coinswitch.co/news/how-does-proof-of-stake-verify-transactions-detailed-guide-2019)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.


Title: Re: Proof of stake is more popular.
Post by: steveabrahams on March 26, 2019, 11:12:05 AM
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.


Title: Re: Proof of stake is more popular.
Post by: Raizou on March 26, 2019, 12:13:16 PM
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!


Title: Re: Proof of stake is more popular.
Post by: ivaf on March 26, 2019, 02:01:30 PM
snip
...
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.


Title: Re: Proof of stake is more popular.
Post by: Mighty_crypt on March 26, 2019, 02:05:53 PM
In my own point of view in the near future Prove Of Stake (POS) will be the better easier haven for cryptocurrency investors ,I was a miner who loves building mining rigs but since market condition turns down and keeps crumbling mining has not been profitable since then so what makes it not profitable presently is electricity cost so pos is better


Title: Re: Proof of stake is more popular.
Post by: trash321 on March 26, 2019, 02:18:59 PM
POS is a relatively new protocol that is very often used today in many projects. I still think that a very large number of people now recognize not only POS but also POW, which was previously. In general, I can probably say the matter of speed.


Title: Re: Proof of stake is more popular.
Post by: Kang Bahar on March 26, 2019, 03:03:35 PM
Yep. What I notice is that PoS is growing and becomes popular in the whole of cryptocurrency. The pos coin does not require the large electrical energy like PoW and the easiest way to get additional income only by staking your PoS coin.


Title: Re: Proof of stake is more popular.
Post by: Iyeman on March 26, 2019, 03:27:13 PM
Yep. What I notice is that PoS is growing and becomes popular in the whole of cryptocurrency. The pos coin does not require the large electrical energy like PoW and the easiest way to get additional income only by staking your PoS coin.
We need more conservative consensus and POS is one of the answers. POW consumes a lot of energy when the difficulty gets an increase. POS is the future because that gives ability to the token holders and it's not only just a worthless coin.


Title: Re: Proof of stake is more popular.
Post by: ricardobs on March 30, 2019, 07:36:00 PM
I can agree with you that the proof of stake algorithm is quite popular but I don't think it has been accepted fully by the community because a lot of persons are already used to bitcoin and how bitcoin works and are not ready to change their mentality towards any crypto project that is not built around the bitcoin concept, even google refused to include ethereum logo to there keyboard because they fill that the algo is still under test.


Title: Re: Proof of stake is more popular.
Post by: Fedrey on March 30, 2019, 08:10:49 PM
I can agree with you that the proof of stake algorithm is quite popular but I don't think it has been accepted fully by the community because a lot of persons are already used to bitcoin and how bitcoin works and are not ready to change their mentality towards any crypto project that is not built around the bitcoin concept, even google refused to include ethereum logo to there keyboard because they fill that the algo is still under test.
As for Bitcoin, there are still a lot of questions because it is not known, or this habit drives users of cryptocurrency, or is it still a big hope for real opportunities with Bitcoin. In any case, if Bitcoin is really used, it will only benefit the cryptocurrency market. I would also like to mention this fact, that it’s not for nothing that Google decided to conduct a dual payroll system in Fiat and Bitcoin for its employees in different parts of the world.


Title: Re: Proof of stake is more popular.
Post by: nitin8263 on April 06, 2019, 04:48:54 PM
Definately Proof of stake is more popular because when you do the work in bounty campaign so you get a stake which is the proof of your work that how much wok have you done.


Title: Re: Proof of stake is more popular.
Post by: maculeth on April 17, 2019, 12:58:10 AM
ease in getting rewards from stake calculations is very simple and effective. crypto world always gives a new thing, and actually proof of stake can also be used as other workers who work in factories or companies.


Title: Re: Proof of stake is more popular.
Post by: pushups44 on April 17, 2019, 01:50:19 AM
Cardano, EOS, and soon Ethereum will be proof of stake, among others. Given that banks are no longer issuing interest for money held in deposit, this could be the alternative as people seek additional sources of income. Again, where businesses fail to address the needs of the market, the market will eventually address these needs.


Title: Re: Proof of stake is more popular.
Post by: batang_bitcoin on April 17, 2019, 01:57:43 AM
Cardano, EOS, and soon Ethereum will be proof of stake, among others. Given that banks are no longer issuing interest for money held in deposit, this could be the alternative as people seek additional sources of income. Again, where businesses fail to address the needs of the market, the market will eventually address these needs.
I'm waiting more for the change of Ethereum into PoS.

That's the most awaited altcoin to change its algo soon.


Title: Re: Proof of stake is more popular.
Post by: jakelyson on April 17, 2019, 02:31:03 AM
PoS has been with us for a while but only recently it has been taking recognition. One evidence is that ETH making a switch to PoS. Bitcoin's PoW if great but we all know it requires a lot of power to operate. While in PoS, it requires much, much less. I believe PoW is still the superior but PoS is not that far behind.


Title: Re: Proof of stake is more popular.
Post by: setialovers on April 17, 2019, 03:04:19 AM
PoS has been with us for a while but only recently it has been taking recognition. One evidence is that ETH making a switch to PoS. Bitcoin's PoW if great but we all know it requires a lot of power to operate. While in PoS, it requires much, much less. I believe PoW is still the superior but PoS is not that far behind.

Many coin right now are PoS. Ethereum switch to PoS but mineable coin still my favorite. I am holding a few different PoS coin but in small amount and not plan to staking because dont have reliable computer


Title: Re: Proof of stake is more popular.
Post by: shinratensei_ on April 17, 2019, 03:17:18 AM
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!
This time a lot of platforms are interested to use PoS combined with PoW to create a truly decentralized blockchain. PoS already become the mainstream consensus and so many platforms have used it. Ethereum will use a hybrid system. it's not fully become a POS system.


Title: Re: Proof of stake is more popular.
Post by: steveabrahams on April 17, 2019, 03:40:55 AM
I can say yes, proof of stake is more popular because you don't need to buy mining rigs/mining tools. Also you don't need to calculate the profit of mining. On the other hand, you only need to stake the coins for POS and you get profit from staking the coins. No need to buy tools or mining rigs.


Title: Re: Proof of stake is more popular.
Post by: maydna on April 17, 2019, 11:27:06 AM
I think people are trying to search for the profit from POS. The proof of stake is easy to do and don't need too many things to start. You can run masternodes, or you can try to join with the shared nodes. And if you have the limit budget, then I suggest trying with the shared nodes so you can start to earn some rewards.

The pool that I know it could be used for staking is:
Stake-cube.net
Btcpop.co

Or you try to visit https://masternodes.online/ to find out more about masternodes. You can also search for the other coin that could be a POS  and where they can be staking.

And if you want to start your own masternodes, it will need a big cost to start because you need to have VPS which can online 24 hours and 7 days, so you don't miss any rewards.


Title: Re: Proof of stake is more popular.
Post by: Adriano2010 on April 17, 2019, 12:35:46 PM
Indeed proof of stake is a good option for people who not afford to buy mining equipment or where the mining is not profitable because of the cost of electricity. But not always the coin that are only PoS can maintain a price and more and more time the price of this coins drop and people can lose money.


Title: Re: Proof of stake is more popular.
Post by: makerst on April 17, 2019, 03:18:23 PM
This kind of protocol mechanism really has real positive indicators, because there is a demand that is needed today. I hope that everything will work out and you still select POS as a permanent protocol.


Title: Re: Proof of stake is more popular.
Post by: ife2020 on May 05, 2019, 12:26:50 PM
Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it


Title: Re: Proof of stake is more popular.
Post by: rijaljun on May 05, 2019, 12:44:57 PM
Popular aside, proof of stakes is even more employed by projects
Recently I have seen Cobo Wallet, Minedblock and other projects make use of POS
Even love air coffee platform also makes use of it
It's popular just because it's too hard for people to find a profitable Proof-of-Work coins. Most of POS coins are also affordable to start and even the profit isn't really huge yet but it has high potential to grow anyway.


Title: Re: Proof of stake is more popular.
Post by: valek.bruno on May 05, 2019, 01:48:26 PM
POS is the most proven option for the entire cryptocurrency system, this is my opinion on this matter. Therefore, I think that there are big and successful situations in relation to the work as a whole. I think that many projects will switch to this algorithm.