Re: BUZZCOIN - OPENSOURCE ENERGY/ORGANIC-FIELD BLOCKCHAIN - SHA256d PoW/DYNAMIC PoS
How much time for I get any reward from staking on pool?
Basically depends on which coin you're staking ~1-7 days.
Buzz coin is fast though, max 1-2 days, and then you get like 10 stakes each day.
Withdrawals are done once each day, some coins stake longer though, so you might have to wait a few days.
...[snip]...
Why are people using staking pools for BUZZ or other cryptos ?
Is it really worth the risk ?
They could exit scam at any moment...
Is it really worth the risk ?
They could exit scam at any moment...
I don't think it is. It's a good principle idea, but it would have to be a highly trusted group of people, like if Coinbase or some major exchange started doing it. The dev's behind these staking pools should come out in the open as to exactly who they are.
After all, staking is just as much a part of the blockchain as is POW and is necessary, no reason why big interests should not be doing these staking pools oneday.
1) I don't want to leave my wallet open all the time.
2) I don't want to run my computer all the time (energy).
I'm staking with the ...[snip]... pool. They are very trustworthy.
@Sammy5 @Guido72 - I haven't reported these posts directly as spam because they seem to be relevant to the conversation. But please edit them and remove the referral links, otherwise they WILL be reported...