What is staking?
The process of staking, or more formally Proof-of-Stake (PoS) minting, involves holding a minimum amount of coins
(200 XUEZ) in the XUEZ wallet (with staking function activated). Once a XUEZ wallet contains at least 200 coins and
has staking activated, the wallet will perform verifications of transactions resulting in the possibility of a reward.
The more coins the wallet holds, the higher the probability the wallet has of receiving a reward.
Proof-of-Stake minting replaces the usual Proof-of-Work mining for block generation.
There is no need for specialized hardware or software needed to perform the staking process other than the free official XUEZ wallet.
This coin is basically a "Bitcoin" (21 mil limit) where you can "mine" simply by Holding the Coin. whereas with the real Bitcoin, you Need to buy specialized equipement.
And the Thing with "buying specialised equipement" is there are several "Mining Whales" - Bitmain beeing the largest of them, which have Monopoly over minting Coins.
In Actuality, and regarding Mining, Bitcoin is very centralized, because a handfull of such Whales are minting the coins, whereas, everybody else, Needs to purchase the coins from These whales.
Same Situation holds true for Ethereum.
Whereas, with XUEZ, you only Need to own 200 coins, which NOW go for a very low Price, to have the capability to mint coins down the road. And minting coins doesnt require any expensive Equipment, only a Computer, or Laptop, kept on.
Im sure there will be a possibility added in the end to stake with a Raspberry Pi. Allmost no power usage for a big return in gain.
And with Masternodes, you dont even Need to leave your pc on. Provided MN remains enabled all the time.
Currently the weight is such that 200 coins expects a reward in between 12 to 14 hours.
Proof of Stake really is the Future of Crypto Currency, and with XUEZ, the Future is right here.
The Thing is, one just doesnt know it yet, and when it is going to be realized, it will most probable be to late, since even a staking amount (like 200 coins - which will however probably decrease over the years as coin gains in value) will amount to hundreds of thousands of euros.