In the proof-of-stake system, new coins are generated based on the holdings of individuals. In other words, someone holding 1% of the currency will generate 1% of all proof-of-stake coin blocks. This has the effect of making a monopoly more costly, and separates the risk of a monopoly from proof-of-work mining shares.

Peercoin is the first cryptocurrency that applied the concept of PoS (2012). In its early stages, it used centrally broadcast checkpoints signed under the developer’s private key. No blockchain reorganization was allowed deeper than the last known checkpoints. Checkpoints are opt-in as of v0.6 and are not enforced now that the network has reached a suitable level of distribution.

  • An original area of Blockchain consensus mechanism !
  • Passive income !
  • No risk of loss !
  • Commercial and technical support 7 days a week !
  • Rewards sent monthly !
  • The rewards are paid into the PoS cryptocurrency directly to your wallet (electronic wallet) !
  • A fully automated system !
  • For all people who want to stake cryptocurrencies without spending time there !
  • Accessible even without knowledge of Blockchain staking !
  • Nokenchain “Boosted Proof of Stake” technology, you earn twice as much as with our competitors !
  • Order below. You will then be contacted to find out which PoS cryptocurrency you want to stake !

What is staking ?

Proof of stake (PoS) is a type of consensus mechanism by which a cryptocurrency blockchain network achieves distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake).

How does it work ?

A consensus mechanism can be structured in a number of ways. PoS and proof-of-work (PoW) are the two best known and in the context of cryptocurrencies also most commonly used. Incentives differ between the two systems of block generation. The algorithm of PoW-based cryptocurrencies such as bitcoin uses mining : the solving of computationally intensive puzzles to validate transactions and create new blocks. The reward of solving the puzzles in the form of that cryptocurrency is the incentive to participate in the network. The PoW mechanism requires a vast amount of computing resources, which consume a significant amount of electricity. With PoS there is no need for “hard work”. Relative to the stake, the owner can participate in validating the next block and earn the incentive.

What are the risks ?

There is no real risk in the Proof-of-Stake. Your tokens are simply blocked during the staking phase. You can stop the process at any time. The only risk is that the affected cryptocurrency will lose value.

Name Ticker Usual reward
Cardano ADA From 3 to 21.90%
Decred DCR 30%
Elrond eGLD 5.09%
Neo NEO 5%
(about 8.49%)
Polkadot DOT From 7.58 to 11.25%
Polygon MATIC 19.33%
Qtum QTUM 1%
Stratis STRAX 1%
Tezos XTZ From 5.20% to 6.30%
Tron TRX 6%
VeChain VET 3.26%
Wanchain WAN 4.39%

Thanks to Nokenchain’s “Boosted Proof of Stake” technology, you will receive at least 2 times the usual reward !

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