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Title: POS Reward scheme in Altcoins Post by: David78k on October 29, 2018, 10:01:26 AM How POS reward scheme works , there are so many altcoins offering many types of staking rewards , which one to chose for investment ?
Title: Re: POS Reward scheme in Altcoins Post by: Alluro on October 29, 2018, 11:48:48 AM POS means proof of stake. If you are hodling any staking coin, you will be rewarded with the same coin or another token. The rewards depend on how many coins you're hodling. The most famous staking coin is NEO. If you are hodling NEO, you will be rewarded as GAS.
Title: Re: POS Reward scheme in Altcoins Post by: Awesomus Maximus on October 29, 2018, 11:53:23 AM As already stated, you have to hold a certain amount of altcoins to be able to get a portion of the reward designated for staking. As for which ones to choose, that's a good question. Choose the ones that are more established, even though they promise less return. The ones that promise huge returns but are not very well known, may depreciate in time, so the return may depreciate too. Here is a list of decent coins you may choose from: https://www.investinblockchain.com/best-proof-of-stake-coins/
Title: Re: POS Reward scheme in Altcoins Post by: Kevin43 on October 29, 2018, 01:05:30 PM POS means proof of stake. If you are hodling any staking coin, you will be rewarded with the same coin or another token. The rewards depend on how many coins you're hodling. The most famous staking coin is NEO. If you are hodling NEO, you will be rewarded as GAS. for neo reward is in GAS for other coin it will be different ?? Title: Re: POS Reward scheme in Altcoins Post by: nthere on October 29, 2018, 01:10:31 PM It's a way of consensus mechanism for POS. You can think that staking rewards as like a mining income for POW.
Title: Re: POS Reward scheme in Altcoins Post by: David78k on October 29, 2018, 02:14:25 PM As already stated, you have to hold a certain amount of altcoins to be able to get a portion of the reward designated for staking. As for which ones to choose, that's a good question. Choose the ones that are more established, even though they promise less return. The ones that promise huge returns but are not very well known, may depreciate in time, so the return may depreciate too. Here is a list of decent coins you may choose from: https://www.investinblockchain.com/best-proof-of-stake-coins/ yes thanks so your are telling to chose coin based on performance not based on rewards right Title: Re: POS Reward scheme in Altcoins Post by: David78k on October 29, 2018, 02:18:50 PM so if i have 100 coins and coins is giving 2% it is 2 coins per day ? and if i stake it for 1 year i get 500% apr
i am new to this if any can provide link to learn about this it would be really helpful Title: Re: POS Reward scheme in Altcoins Post by: Coolman4 on October 29, 2018, 03:49:47 PM so if i have 100 coins and coins is giving 2% it is 2 coins per day ? and if i stake it for 1 year i get 500% apr even i finding out how ROI% and APR% is calculated i am really conduced about this i am new to this if any can provide link to learn about this it would be really helpful i think its calculated on how much block as moved right ?? |