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Author Topic: How can anyone build a PoS staking pool  (Read 54 times)
Little Mouse (OP)
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June 24, 2021, 05:44:37 PM
 #1

What are the necessary step build a PoS staking pool so that I can stake with a bigger portion of coin to get block rewards frequently. I can join with some other pool but it’s very hard decision for me to trust other  Grin with my coin. So, how can I build one? And what's the minimum cost I need?

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FP91G
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June 24, 2021, 07:43:06 PM
 #2

For PoS coins, this is called a node. Each coin has its own requirements for a node. You need to have a certain number of coins (for Ethereum, this is 32 coins) and the most difficult thing is to set up a node and monitor its work.
You need to update the node yourself.
Sometimes it's easier to delegate this work to a trusted service or wait for an easier solution.
anu1908
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June 25, 2021, 05:52:29 PM
 #3

i think most of the documentation are available on the project docs. you might want to checkout dPoS or lpos. they allow you to stake on a pool without sending your tokens, but not many projects support it. it's a good alternative to the usual pos where you need to send your coin to the validator address imo. cmiiw.
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