shivakumar D S (OP)
Newbie
Offline
Activity: 114
Merit: 0
|
|
July 23, 2018, 01:13:25 PM |
|
As you know today their are many coins where launching and some of the coins are already in existence but POS (PROOF OF STAKE) Coins are attracting its investors bcz in pos its can collect the coin and make them in large no also and in future it may go high in price also so I think pos coins will increse its investors rather than pow coins
|
|
|
|
riosakamoto
|
|
July 23, 2018, 02:21:37 PM |
|
indeed POS system is becoming more famous than POW many coins and tokens are using this process because it is faster and more efficient due to many reasons one of them is that it's less expensive and energy consuming than mining. Also, staking allows every member to become a 'miner' and does only require keeping their wallets open(24/7) on the other side mining require strong computing power plus the Masternodes system can work along Pos which is a great combination.
|
|
|
|
masulum
Legendary
Offline
Activity: 2324
Merit: 1603
hmph..
|
|
July 25, 2018, 12:21:25 AM |
|
Yup, POS coin more efficience then mining. I dont have computer to open wallet 24/7, but its not stopping me to stake. I can used VPS to stake my coin.
|
HOLD...
|
|
|
slitil
Newbie
Offline
Activity: 84
Merit: 0
|
|
July 26, 2018, 10:03:51 AM |
|
It’s true that POS coin is most attracting coins now-a-days. There are many reason belongs to POS coin to being famous. One them is it’s easy to mine and less expensive. Otherhand Pow is not too bad but it need expensive calculation
|
|
|
|
PeterTom
Newbie
Offline
Activity: 140
Merit: 0
|
|
July 26, 2018, 10:07:41 AM |
|
As you know today their are many coins where launching and some of the coins are already in existence but POS (PROOF OF STAKE) Coins are attracting its investors bcz in pos its can collect the coin and make them in large no also and in future it may go high in price also so I think pos coins will increse its investors rather than pow coins
I do not think so. The world is full of people who have video cards or asics and thanks to them POW coins will always be in price. If you look at the trend of coins that work on the POW algorithm, you can see that they have stable pumps. That's why I like them, I know that the miners will always pump them to sell more expensive
|
|
|
|
target
Legendary
Offline
Activity: 2282
Merit: 1041
|
|
July 26, 2018, 10:19:45 AM |
|
Bitcoin is POW. That itself proves otherwise.
DPOS works a little more interesting that POS actually. But I'm more interested to Masternodes than anything because of simply having just a server that you can pay yearly and that's it. Safer for you coins to be in your wallet and you have the profit to earn just like a passive income that will come every now and then.
|
|
|
|
slaman29
Legendary
Offline
Activity: 2800
Merit: 1282
Livecasino, 20% cashback, no fuss payouts.
|
|
July 26, 2018, 10:22:03 AM |
|
Newbies, don't be attracted by this. Yes, POS coins were incredible ideas, and yes some of them are actually still good (and even Ethereum will switch partially to some form of POS). But honestly, they're not going to make you more money just because you open your computer and stake your wallets. Believe me, I know, I've tried.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
|
|
|
|
FLHippy
|
|
July 26, 2018, 10:23:59 AM |
|
Yeah, because when you buy coin in POW and you want to get more, you have to buy expensive hardware and pay expensive electricity to mine some coins. But if you buy some POS coin, you can stake it (in most cases online) and it is very comfortably to earn some coins .
|
|
|
|
kma.deno
Newbie
Offline
Activity: 252
Merit: 0
|
|
July 26, 2018, 12:53:45 PM |
|
POS Coins Care and Promise Their Investors. POS took the investors' confidence. They have earned the trust of the investors as by their talent and hard work. I think there will be more investment than ever before.
|
|
|
|
Teraboy
|
|
July 26, 2018, 01:15:34 PM |
|
Newbies, don't be attracted by this. Yes, POS coins were incredible ideas, and yes some of them are actually still good (and even Ethereum will switch partially to some form of POS). But honestly, they're not going to make you more money just because you open your computer and stake your wallets. Believe me, I know, I've tried.
Lost a lot of time, and the value more or less remained the same if I kept them in Bitcoin or others, (if not worse). So, no, POS doesn't make more money than POW.
That depends on how much coin that you have been staking it to through send them all to the staking address, Are you joking with me imagine when you are sending less than 1 coin to the staking address and do you hope to earn a lot from staking your coin? it's a joke.
|
|
|
|
roueen
Newbie
Offline
Activity: 54
Merit: 0
|
|
July 26, 2018, 09:53:41 PM |
|
Yes POsS are become more famous than POW. near future the price of POS may increse also the processof POS are faster and also not that much costly.
|
|
|
|
Plumbank
Newbie
Offline
Activity: 283
Merit: 0
|
|
July 27, 2018, 01:43:27 PM |
|
You need a considerable amount of computing power, more than the average for mining POW coins. It leads to Miners to have high energy costs but POS needs less to no power for mining. Large platforms such as Ethereum have decided to switch to POS system because it is simple and faster.
|
|
|
|
Yudhisthir
Full Member
Offline
Activity: 1060
Merit: 103
www.Artemis.co
|
|
July 27, 2018, 01:46:53 PM |
|
POS too is a failed technology. People have discarded old POS system coins. But masternodes, Casper or even the rewarding of NEO GAS can be described as a modern form of POS.
|
|
|
|
swissgang
|
|
July 27, 2018, 04:41:13 PM |
|
Proof of Stake coins are more attractive for investors, that's true but there are still very solid proof of work coins in the market. It really depends on coin, which is better.
|
|
|
|
DarkTaiga
Newbie
Offline
Activity: 154
Merit: 0
|
|
July 27, 2018, 05:00:52 PM |
|
POS is attracting investors because of its simplicity. You don't need "strong" equipment and using too much electricity to mine coin. I really like POS rather than POW. It doesn't have the monopoly of the miner, everything becomes fair.
|
|
|
|
shinharu10282016
|
|
July 27, 2018, 08:31:49 PM |
|
POS is attracting investors because of its simplicity. You don't need "strong" equipment and using too much electricity to mine coin. I really like POS rather than POW. It doesn't have the monopoly of the miner, everything becomes fair.
But POS have its own bad sides. It can even bring the market down once a holder decides to dump all of its coins. Another downside is that most of the POS nowadays are scam. They won't even be true to their words. Most of them will just run away and say goodbye to you if they have collected enough money.
|
|
|
|
hermanjones18
Newbie
Offline
Activity: 308
Merit: 0
|
|
July 27, 2018, 09:08:46 PM |
|
Significant mining is needed for POW coins on the contrary, POS coins are very easy to mine. The POS coins also help earn easy fees as upon blocks, as they are created from the start, miners earn from fees of, transactions, in the block.
|
|
|
|
paxmao
Legendary
Offline
Activity: 2352
Merit: 1622
Do not die for Putin
|
|
July 27, 2018, 09:37:36 PM |
|
I am very much in favour of the PoS systems. These provide an immediate value to the token holders which aligns perfectly with their investment and creates the use case of staking by default, independently of other chain uses.
|
|
|
|
kulsuma
Newbie
Offline
Activity: 476
Merit: 0
|
|
July 28, 2018, 05:40:00 AM |
|
POS has been the better one as compared to POW. And it is obvious that the better one will be able to attract the coins more. Also, POS is faster and is more efficient as well as user friendly. So, there is no doubt that it is the one attracting the coins the most.
|
|
|
|
cryptotezi
Newbie
Offline
Activity: 140
Merit: 0
|
|
July 28, 2018, 05:15:31 PM |
|
Proof of work (POW) is not interesting than POS or Proof of Stake. POS got more interest as it is not so difficult like solving math problems in mining, rather giving miners a good and easy way to invest and earn. This made POS more attractive in the market and it is being spread more And already gained major part of it.
|
|
|
|
|