Here we go! today I am with you with “pool of stake” !!!
INTRODUCTION:
The pool of stake platform is a continuous safe haven for holders and users of the proof of stake coin. It will help coin holders the to bring together coins, stake and also share rewards. Part of what Pool of Stake desire to achieve is to give small coin holders the ability to make more gains by making available an environment to pool finds together.
To make this possible, we have two tokens — these are the Pool of stake (PSK) tokens and the I Owe You Tokens (IOU). The PSK tokens will account for discounts on all of the users’ withdrawal while the IOU tokens will handle the entire investment and rewards of users. With the smart database analytic tools, members will be able to track and manage their investments.
Shifting from proof of Work to Proof of Stake
In just 2 years, the pool of Stake will be the most preferred gold standards for blockchain. Asides, the pool of stake will be launched to be the main staking pool for the proof of stake. Part of the aim is to produce a valuable cryptocurrency. Hence, there will decentralization and permissionless protocols.
The pool of stake platform is a continuous safe haven for holders and users of the proof of stake coin. It will help coin holders the to bring together coins, stake and also share rewards. Part of what Pool of Stake desire to achieve is to give small coin holders the ability to make more gains by making available an environment to pool finds together.
To make this possible, we have two tokens — these are the Pool of stake (PSK) tokens and the I Owe You Tokens (IOU). The PSK tokens will account for discounts on all of the users’ withdrawal while the IOU tokens will handle the entire investment and rewards of users. With the smart database analytic tools, members will be able to track and manage their investments.
Shifting from proof of Work to Proof of Stake
In just 2 years, the pool of Stake will be the most preferred gold standards for blockchain. Asides, the pool of stake will be launched to be the main staking pool for the proof of stake. Part of the aim is to produce a valuable cryptocurrency. Hence, there will decentralization and permissionless protocols.
Bitcoins and other forms of cryptocurrencies produce new coins via mining. Asides, they rely on the solely on the computing power to solve mathematical puzzles using just the blockchain principles. Over the past couple of years, the BitCoin network has grown and become widely accepted. However, the Bitcoin proof of Work algorithm is cumbersome as it allows a maximum of 7 transactions in one second.
This translates to a transaction fee of $50 and an electricity consumption of 42TWh per year. These cogent findings point to the fact there is a serious limitation to bitcoins and the efficiency is low. In a bid to solve this, the community of bitcoin introduced a fresh generation of consensus algorithm called the proof of stake.
By the year 2019, Etherium will make a full transition from Proof of Work to pool of stake. Without a doubt, the future blockchain is proof of stake. Thus the pool of stake seeks to bring the create a uniform community for the coin to make maximum profit.
The advantage of the Pool of Stake project
On the pool of stake project, there are no miners. Rather, there are many validators which are elected selected to control each block. The vote for a particular validator is a factor of the specific project’s weight. Also, validators are able to get the transaction fees rather than the minimum fixed fee. Users will enjoy benefits ranging from energy efficiency to security and limited centralization risk.
The implication of this is that Validators will be able to earn by examining the transactions of the Proof of Stake system. As a result, this requires the online availability of validators every time to link every new unit once it arrives.
This translates to a transaction fee of $50 and an electricity consumption of 42TWh per year. These cogent findings point to the fact there is a serious limitation to bitcoins and the efficiency is low. In a bid to solve this, the community of bitcoin introduced a fresh generation of consensus algorithm called the proof of stake.
By the year 2019, Etherium will make a full transition from Proof of Work to pool of stake. Without a doubt, the future blockchain is proof of stake. Thus the pool of stake seeks to bring the create a uniform community for the coin to make maximum profit.
The advantage of the Pool of Stake project
On the pool of stake project, there are no miners. Rather, there are many validators which are elected selected to control each block. The vote for a particular validator is a factor of the specific project’s weight. Also, validators are able to get the transaction fees rather than the minimum fixed fee. Users will enjoy benefits ranging from energy efficiency to security and limited centralization risk.
The implication of this is that Validators will be able to earn by examining the transactions of the Proof of Stake system. As a result, this requires the online availability of validators every time to link every new unit once it arrives.
The pool of Stake Cryptocurrency
Dollars, Euros, ETH and CHF can be used to purchase the pool of stake’s tokens. KYC s compulsory once the donation exceeds 50,000 CHF. The project was able to gather 750,000 Euros during the private sale which is fair.
The PSK tokens give a discount on all withdrawal. The token is a ERC-20 type and is based on the platform of Ethereum blockchain. This will give users the ability to keep their PSK tokens safe in the Ethereum wallet.
The IOU tokens, on the other hand, cannot be used for a transaction on exchanges.
Dollars, Euros, ETH and CHF can be used to purchase the pool of stake’s tokens. KYC s compulsory once the donation exceeds 50,000 CHF. The project was able to gather 750,000 Euros during the private sale which is fair.
The PSK tokens give a discount on all withdrawal. The token is a ERC-20 type and is based on the platform of Ethereum blockchain. This will give users the ability to keep their PSK tokens safe in the Ethereum wallet.
The IOU tokens, on the other hand, cannot be used for a transaction on exchanges.
In Conclusion
More than any other platform, the pool of stake is a worthy solution to simplify transaction and make them cheaper. Users are assured of the best rewards with many benefits from the platform.
No one wishes to lose on an investment. Irrespective of where the investment is — market investment or a mining hardware, profit is the end game. PSK will open cool and trusted ways to make profits
More than any other platform, the pool of stake is a worthy solution to simplify transaction and make them cheaper. Users are assured of the best rewards with many benefits from the platform.
No one wishes to lose on an investment. Irrespective of where the investment is — market investment or a mining hardware, profit is the end game. PSK will open cool and trusted ways to make profits
Website: https://www.poolofstake.io
Whitepaper: https://www.poolofstake.io/wp-content/uploads/2017/12/PoolofStake-whitepaper_ENG_V11.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3283742.0
Telegram: https://telegram.me/poolofstake
Facebook: https://www.facebook.com/poolofstake
Youtube: https://www.youtube.com/channel/UCenEbx5MwCF7kjTAWU-jv_g?
Medium: https://medium.com/@poolofstake
Twitter: https://twitter.com/poolofstake
LinkedIn: https://www.linkedin.com/company/pool-of-stake
Github: https://github.com/poolofstake/PSK
Whitepaper: https://www.poolofstake.io/wp-content/uploads/2017/12/PoolofStake-whitepaper_ENG_V11.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3283742.0
Telegram: https://telegram.me/poolofstake
Facebook: https://www.facebook.com/poolofstake
Youtube: https://www.youtube.com/channel/UCenEbx5MwCF7kjTAWU-jv_g?
Medium: https://medium.com/@poolofstake
Twitter: https://twitter.com/poolofstake
LinkedIn: https://www.linkedin.com/company/pool-of-stake
Github: https://github.com/poolofstake/PSK
ETH: 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
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