TOP 3 PROOF OF STAKE COINS COMING SOON?
Proof of Stake (POS) coins reward coin holders for securing the network. Those who deposit and hold POS coins in their wallets are eligible to receive rewards. The more coins a user holds the more rewards they can receive. Today we are examining the top 3 coins that plan on implementing a Proof Of Stake system soon.
1 Ethereum
The Casper upgrade plans to begin moving Ethereum into a full proof of stake system.
The First Version of Ethereum's Casper Upgrade Has Been Published
https://www.coindesk.com/first-version-ethereums-casper-upgrade-published/
2 EOS
EOS a decentralized application operating system that plans on competing with Ethereum is still in its ICO phase and their blockchain launch on June 1 2018 is currently being orchestrated by their community. EOS will run on a delegated proof of stake (DPOS) system and will offer EOS holders the opportunity to earn rewards and vote for block producers who secure the network.
Understanding EOS and Delegated Proof of Stake
https://forums.eosgo.io/discussion/348/understanding-eos-and-delegated-proof-of-stake
Official EOS Website
https://eos.io/
3 Cardano (ADA)
Cardano (ADA) is the first scientifically peer reviewed blockchain. ADA's Ouroboros proof of stake system is said to be in the works and should be available this year if not already.
OUROBOROS PROOF OF STAKE ALGORITHM
https://cardanodocs.com/cardano/proof-of-stake/
INTERVIEW: CHARLES HOSKINSON CARDANO (ADA)
https://steemit.com/cardano/@champagnecrypto/interview-charles-hoskinson-cardano-ada
What do you think about Proof Of Stake coins? How do you expect these coins to perform once their POS systems are implemented? Please leave your comment below.
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It seems to me like proof of stake is better.
I think steem is undervalued.
If I'm not mistaken, I read sometime back that Cardano is already staking, but you have to join specific nodes. I got turned off after interpreting that and stopped reading. Still holding the bag...
Thanks for the thoughtful post champ!
Now cardano is the cheaper option so i bet for them , but keeping an i in eos and eth. Regards
My bad for the spammy comment bro but have you heard about POTJ I think its a Kaboom like no other..
I too like EOS and I heard that it is faster than ETH in the number of transactions per second. After its launch in June I think the price will be going higher. I bought a small amount ($50) in Dec last year when it was around $4. Right now there is a lot of hype around EOS and am having serious FOMO. I wish I had bought more back then :)
I love the idea of PoW. It encourages people to HODL helping reduce the chance of a downward trend and pays out to those willing to do so. A win win situation.
Now that my investments have grown, intend on soon moving some spare equity to NEM and ADA for staking.
If you get the chance, can you update your article when you are aware of the minimum amount of coins that will need to be held. Cheers
Those are good options, but aren't ready yet.
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The one that I can tell you that works and gives you rewards everyday is KCS from KUCOIN.
I can only tell it works because I have USED it and it actually distributes not only income in KCS but in ALL the coins traded that day! So only by holding you earn #ETH, #BTC, #NEO, #MANA, #ONT and I could go on and on with all the coins they trade.
I started with only 6 shares (it's the minimum for having revenues) but some days I didn't reached the distribution, so now I increased to 12 shares and these are the results:
And the example of the other distribution is this one:
If you want to have another distribution, just hold #NEO and get some #GAS at the end of the month.
I'm just telling you these options so you can have some passive income while the other options are ready (although staking form this moment that the price is cheap is also a good option).
As always, #DYOR and always, always, always use stop/loss
Don't spam your referral link here or risk a down vote. We know they're aren't ready yet. Did you not read the title? Top 3 POS coming soon. Key words here are "coming soon".
Referral edited, sorry about that. You now... and for the people that doesn't that's why I commented the options that are ready and working.