WHAT IS THE MINING POS (PROOF OF STAKE)

in #crypto6 years ago

WHAT IS THE MINING POS (PROOF OF STAKE)

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Proof of stake mining allows people to extract or validate transactions of a block according to the number of coins they have. By this method we can download the wallets in our computer of the coins to use this method and retain there a number of these coins by which we will receive as a reward a number of these daily currencies according to the quantity that we possess.

DIFFERENCES BETWEEN PROOF OF WORK AND PROOF OF STAKE

They differ in that the mining PoW it should be working for profit, while in mining PoS the crypto should be saved for more profit.

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To check which coins using this method please go to https://masternodes.online/.

God bless you.

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Nice post but I think it would be much more valuable if you elaborate on the differences. Unless its news, if you're explaining something - why not write a 300+ word article?! It will be much better for your following. Wishing you much success

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