Post
Topic
Board Altcoin Discussion
Re: Most healthy stakers
by
Pearls Before Swine
on 05/07/2017, 00:34:26 UTC
Hi,

What are currently the most healthy stakeble coins? I wanted to invest in Stealthcoin, but Bittrex says it will be delisted. I hope they don't, but from my point of view a healthy coin needs multiple exchanges.

Any stakers with a decent marketcap, volume and multiple exchanges?

I found one I'm enjoying. It's staking at 800% until December, so that is approximate 2.2% daily compounding interest. The dev showed in his thread that 10m coins at the end of last month would be 320m coins when the PoS drops to 80%. Right now it's fluctuating at 2 to 3 satoshis. I don't really know how it cannot be profitable with the a big enough stash to stake.
So is that basically what proof-of-stake coins are, coins that pay dividends for holding them?  I feel embarrassed to even ask the question here, since everyone else seems to know about this stuff, but I don't.  I am genuinely interested in knowing about POS.  I see the term bandied about all the time.  What does 'staking at 800%' mean, exactly?  The 2.2% compounding sounds great!