Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth!
by
Beachguy
on 07/02/2018, 11:51:24 UTC
Is this true? Is this how the POS interest works?

https://www.investopedia.com/terms/p/proof-stake-pos.asp

Sounds like you need to learn more about crypto currencies ...Google is your friend....For PoW coins...the miners provide the network. Fewer miners means slower network and slow transactions. Their reward is a share of a block or perhaps the whole block.

The folks holding and staking are providing the network and assuring steady,fast transaction times. Their reward is their stake.

People DO have a choice you know, to stake or not stake.
But, somebody has to do something or there's no network.