About PoS

[Shafay]

Is it right to say that PoS means being interest on coins you hold or is it something else in simple words? Kindly correct. Thanks

[1714791593]

1714791593

[1714791593]

1714791593

[1714791593]

1714791593

[1714791593]

1714791593

[1714791593]

1714791593

[Ayers]

yeah you generate interest based on the balance you have, usually you generate 1% per month or less, the best pos out there only give you 50-100% per years, every pos coin that give you more is probably dead, can't be sustained from buyers, you need to look at those pos that have a compromise between steady value and pos interest

[raphma]

Is it right to say that PoS means being interest on coins you hold or is it something else in simple words? Kindly correct. Thanks

does PoW miners get "interest" on their equipment? no.
PoS just use another way to mine blocks. i dont see it as interest. you're mining blocks and receiving the reward.

[Shafay]

Is it right to say that PoS means being interest on coins you hold or is it something else in simple words? Kindly correct. Thanks

does PoW miners get "interest" on their equipment? no.
PoS just use another way to mine blocks. i dont see it as interest. you're mining blocks and receiving the reward.

can you tell me how exactly it is different form getting an interest?

I deposited $100 on bank and get 5$ monthly. Isn't PoS like that?
If not can you kindly explain me

To me you deposit coins and get fixed return depending on the amount you have in wallet i guess never tried
Thanks

[klarki]

Not only to keep the coins in the wallet.
Wallet is to be constantly connected to the network.
Also, an important role is your weight in the network.

[Shafay]

Not only to keep the coins in the wallet.
Wallet is to be constantly connected to the network.
Also, an important role is your weight in the network.

So it means by wallet should mostly be online ? .. And while offline I won't get any return on stakes?

[thebatletbet]

POS coin, you only hold youre coin can stake coin and get return
every coin is diference about spefication stake coin
you must read about
how much percetage reward post
how long mature coin, can decision how long youre must online youre wallet to get coin use stake

[coin-investor]

Is it right to say that PoS means being interest on coins you hold or is it something else in simple words? Kindly correct. Thanks

Proof of stakes is the easiest way to mint a new coin,you just need a coin wallet and a coin on it to mint new coin anyone can do this,it's more preferable than mining that uses expensive hardware  I can stakes 4  to 5 wallets at the same time it's very practical .

[fred1992]

What the best POS coins at the moment (biggest interest and not scam)?

[Ayers]

Is it right to say that PoS means being interest on coins you hold or is it something else in simple words? Kindly correct. Thanks

does PoW miners get "interest" on their equipment? no.
PoS just use another way to mine blocks. i dont see it as interest. you're mining blocks and receiving the reward.

in theory yes, the interest in pow mining is not the coins genrated but the fee payed from those that send transaction, and are included in each block mined

What the best POS coins at the moment (biggest interest and not scam)?

diamond is good, you can try it, offering 50% annual is not bad

[BestWebCreator]

Proof of Stake, it means you get free coins for having coins and have your wallet open for a certain time, the more coins you have the higher chance of getting more staked coins.

[fred1992]

What the best POS coins at the moment (biggest interest and not scam)?

diamond is good, you can try it, offering 50% annual is not bad

Thx.
50% annual is good.
I have to keep wallet open and computer turned on constantly to get POS coins?

[robelneo]

What the best POS coins at the moment (biggest interest and not scam)?

diamond is good, you can try it, offering 50% annual is not bad

Thx.
50% annual is good.
I have to keep wallet open and computer turned on constantly to get POS coins?

Yes but it's to high and with that huge interest there will be inflation and if the coin has no usage or demand and if traders do not trust the coin it will end up a dead coin,dev should moderate the interest and always think of it's future you can use a 50% interest if the supply is not very high..

[AtomicProject]

What the best POS coins at the moment (biggest interest and not scam)?

best POS coin is Atomic Coin

[Ayers]

What the best POS coins at the moment (biggest interest and not scam)?

diamond is good, you can try it, offering 50% annual is not bad

Thx.
50% annual is good.
I have to keep wallet open and computer turned on constantly to get POS coins?

it's better to leave it open, but i tried to leave it closed and the pos work in any case, maybe you lost on the age of the mining, but i'm not sure

What the best POS coins at the moment (biggest interest and not scam)?

best POS coin is Atomic Coin

what is the annual interested? and the coin is steady in value? thanks

[AtomicProject]

best POS coin is Atomic Coin

what is the annual interested? and the coin is steady in value? thanks

The Annual interested of pos of Atomic Coin is 100% its like 0.27% daily and Atomic coin is already added in 10 Exchanges and 2 online for more infor mation visit https://www.atomicproject.org/

[Forexer]

Best  POS coin PostCoin, about 10% per year, a steady growth rate https://yobit.net/en/trade/POST/BTC

[Arvydas77]

I like PoS mining because it is eco friendly and doesn't use a lot of CPU or GPU resources. Ethereum also is moving towards PoS mining.
As said by others, there are many PoS coins. I like Decred, Reddcoin, Stratis and Navcoin. But you should check what are the most profitable to mine and the best option to do it is on raspberry pi. You can keep your wallet open 24/7 and get max profits. Unfortunately, not all projects support it.

[pereira4]

I like PoS mining because it is eco friendly and doesn't use a lot of CPU or GPU resources. Ethereum also is moving towards PoS mining.
As said by others, there are many PoS coins. I like Decred, Reddcoin, Stratis and Navcoin. But you should check what are the most profitable to mine and the best option to do it is on raspberry pi. You can keep your wallet open 24/7 and get max profits. Unfortunately, not all projects support it.

Indeed PoS is eco friendly because there is no actual mining... the problem is, I still don't see how the "nothing at stake" problem gets solved. Also big pockets having tons of power on the network is something I don't like.

In general, I would not trust to hold value in a PoS coin for long term. That's why bitcoin is the ultimate long term safe haven in crypto, it is PoW and it is the biggest network.

[tail-w-euler]

Bitcoin's consensus algorithm PoW, under the Law of Conservation of Energy, which says: "Energy cannot be created or destroyed, merely transformed.” PoW provides the transformation of Electrical Energy consumed by Miners into Economic Energy, freshly minted Bitcoin.

In regards to PoS yet to be clear.

Excellent article
http://www.coindesk.com/bitcoin-law-conservation-energy/