Proof of stake, your bank of tomorrow!
Hello,
I present to you today some coins in proof of stake which could give you ideas. No financial advices, only information on the subject.
What is Proof of Stake (PoS) coins ?
It's a method by which a blockchain of a cryptocurrency aims to achieve distributed consensus. It requires the user to prove the possession of their stake so that they can validate additional blocks into the blockchain and receive the reward. Also it avoids the phenomenal expenditure of energy of Proof-of-Work.
Proof of stake by itself is not perfect yet but with future development and an alliance with other consensus, it could become our own home bank of tomorrow with positive interest.
Here are some nuggets I follow closely:
Cardano (ADA)
Stellar (XLM)
PIVX (PIVX)
TRON (TRX)
Qtum (QTUM)
Hello @lastminuteman
Thank you for posting within our community.
Please spare few minutes and read how project.hope is organized and learn about our economy.
That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)
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Yours,
@project.hope team,
Dear @lastminuteman
Solid read. Upvoted and resteemed already.
Also I would like to welcome you to our PH (project.hope) community :)
Hope to hear more from you in the future.
ps. check out comment from project.hope and cyu on our discord.
Cheers, Piotr (ph founder)
Hello @crypto.piotr,
Thank you for your support.
Wish the best for you and project.hope !
Greetings :)
Hi @lastminuteman
Thanks for prompt reply.
Do you use Discord? Join our project discord server: https://discord.gg/uWMJTaW
Cheers, Piotr
You are doing right. Cryptocurrency investment will be good
I have heard of Cardano and Stellar for a long time now, but how many out there has solid projects running live at the moment?
[WhereIn Android] (http://www.wherein.io)
I like Cardano, Stellar, TRON, Qtum ... I follow TRON closely
Yes TRON is quite promising ;)