Quote from: lokojones on June 12, 2017, 09:04:35 PM

Quote from: zuepfi11 on June 12, 2017, 08:55:25 PM

big PoS boom... BLK, bts, nxt up. congrats folks Cool

Staking is a basically amazing interest rate which current banks can only dream on:)
This is folks amazing tech, I would also recommend you check cloakcoin, they pay 6% per year...

sweet...

Keep in mind to subtract 0.97% inflation rate. The rest is interest and your reward for staking (currently around 4-5%) which is mostly due to many people not actually using their wallets to stake (could be lost coins, cold storage or traders).

This is a lower inflation rate that any PoW coin currently has, so even the non-stakers are better of than with coins that constantly experience dumping from their miners.

What makes all of this the most interesting is that this system keeps functioning the same way at any point in time. It worked like this three years ago and it will work like this forty years in the future. Same method, same reward, same inflation, same speed, same confirmation time.

Elegant.