Quote from: bribed on December 08, 2017, 06:16:52 PM

I just found this project, if I understand it correctly then Neutron is a wallet to hold BTC and while holding it will automatically increase BTC holdings through PoS, but how does this work in reality? Is it that NTRN is PoS and the returns of staking NTRN are automatically converted to BTC somehow? Bitcoin is not proof of stake afaik and therefore I dont really understand it how this works. Hopefully someone can explain it to me.

It works more like the lateral. You buy neutron with your btc then you take your earnings your "stakes" and then ether hold to stake more or sell them for btc.
As well you could run a masternode with 25k neutron and gain even more neutron than just staking while helping the network.
The wallet does not hold any btc it only holds neutron, as neutron value goes up your profit per stakes will increase making you passive income.