🔥Pool Of Stake - Pool for Proof of stake blockchains! 🔥
The financial system around the world is slowly beginning to acquire a digital format and every day more and more people understand the convenience and benefits of using them both in terms of fast transfers and in eliminating the need to carry cash. And even a big step towards the development of this idea was brought by the blockchain technology, which helped to practically remove the monopolization of the issue of funds by the state with the help of cryptocurrency.
Their use makes it possible to quickly exchange, transfer anywhere in the world, and there is no need to use intermediaries in the form of banking and electronic payment systems that can take large commissions, block transactions, debit cards, delay indefinitely, do not provide transparent information about the delivery of funds.
Political and other barriers that prevent many people in the world from using financial services of various kinds are being removed. People have been able to transmit values through the Internet and control these operations themselves, creating large and harmonious communities. Blockchain protects and keeps confidential the data of each user of the system.
This technology began to be used by various organizations, introducing into their infrastructure and selling their tokens, which can be compared with the initial placement of assets on the market. Thanks to this and the development of projects, many people have significantly improved their financial situation, created good capital.
To confirm the transfers, the technology Proof of work is used, which also contributes to the production of crypto-currencies by miners, but today a fairly large amount of electricity is spent and only large companies with huge areas for mining remain on the market.
To solve this situation and simplify the proof of transactions, the Proof of stake algorithm has been used and many well-known cryptocurrencies will be transferred to it in the near future. Its principle is that the owner of a larger number of crypto-currency units gives a greater probability of creating a block in the blockchain. And to popularize this effective method, a project called Pool of Stake is created, which helps to produce cryptocurrency through staking.
This method is more economical and practical safe from an environmental point of view. This startup creates a shared Pool of stake with a decentralized ecosystem format. Each user to participate initially will need to purchase coins PoS, which he considers more interesting and promising, in the future sends them to a special address of the smart contract, which is a node of the pool and instead he sent special tokens KEY.
KEY tokens provide an opportunity to generate additional income and are a confirmation of your contribution to the platform. The time to process the request for profit and to transfer them directly to the user's wallet can take about 24 hours.
If we compare the prospects and usefulness of this idea with traditional nodes, they can consist of a large number of small pools and provide people with small amounts of digital tokens to participate and receive a stable profit. First of all, it is guaranteed by the fact that everything will be carried out with the help of smart contracts that solve the issue of trust.
Also the second token of the site will be PSK, which gives discounts when withdrawing funds. They can be purchased at the ICO, which will last until September 30, 2018. At the moment, the amount has already been collected in excess of the minimum required, that is, Softcap and is almost 2.6 million euros.
Clearly this project has the right to a good future, as this algorithm is already gaining more popularity and brings effective advantages compared to Proof of work and will be able to easily collect comparable and competitive pools thanks to investors with any volume of tokens.
More information you can find on these links:
This project will help to increase the number of users of digital tokens
I will be happy to participate in the operation of this platform, thank you for the useful idea and review
This team has chosen a promising direction
Very interesting project, I am too follow it