Post
Topic
Board Altcoin Discussion
Re: What is your favorite altcoin and why?
by
proofofstake.com
on 04/06/2018, 12:29:07 UTC
Generally PoS or PoW/PoS hybrid coins. PoS is the better algorithm as it is more energy efficient than PoW and also incentives - in PoW miners can mine the coin without owning it and only doing it for the profit. On the other hand in PoS stakers posses the coin, which means they have invested in the project and want it to succeed. This helps build a more stable community which will eventually lead to the long term growth of the said project. Focus on PoS coins when investing in cryptocurrencies and you will have higher chance of success on the market ! Good luck !