The most interesting PoS-cryptocurrency passive income

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Proof of share ownership (Proof-of-Stake, PoS) suggests that a person’s right to engage in mining and to test the units with the transaction is determined by the number of coins he owns, that is, the more a miner of bitcoins, or altcoins, the higher the hashing power.

Thanks to PoS, which is becoming more and more popular, you can earn not only on trade, but simply on possession of the cryptocurrency.

Here are the most interesting for cryptocurrency passive income.

NEO

NEO is the PoS cryptocurrency with support for smart contracts. This makes it the perfect base from which to launch decentralized applications and carrying out ICO.

NEO and its related coin GAS can be used to generate passive income, however, it is necessary to store them on the exchange and in your wallet. This should take into account that not all purses are the same, so it is important to check whether the selected wallet to obtain compensation in GAS. The annual yield of 4-6%.

From other cryptocurrencies NEO is characterized by its indivisibility — cannot be divided into parts smaller than 1 NEO (which, incidentally, is the minimum number of stacking). To understand the key differences between NEO and GAS helps the following analogy: NEO represents a share of ownership in the blockchain, while the GAS acts as a “fuel” for the blockchain and gives the right to work with him.

Dash

Although the Dash (Dash/USD) is a cryptocurrency based on Proof-of-Stake, his system masternode allows owners to receive dividends. In this sense it is indistinguishable from classic PoS coins.

Profit is quite high — about 7,5−8,4%, plus the price increase of the coins. The main disadvantage is the large initial investment. As of October 2018 for the creation of masternode requires at least 1000 coins, and their total cost is around 162 thousand dollars.

PIVX

Cryptocurrency PIVX (an acronym for Private Instant Verified Transaction confidential instant transaction) was introduced in 2016, otitises from the Dash.

It allows the owners of the tokens to start masternode, which requires 10 thousand PIVX for a total of about 12 thousand dollars, or to do simple stacking.

Minimum requirements for stacking are available, but the purse needs to stay active. Mastered PIVX brings about 5.5% per year, while simple holders get about 4.8%.

written in sufficient detail so perfect for beginners. The team also does not hide the chance factor inherent in stacking. Often he is compared to a lottery in which the number of coins equivalent to the number of lottery tickets.

Lisk

Lisk called “live for mere mortals”. It also allows you to create and run decentralized applications. However, the design uses the familiar JavaScript, which greatly increases the potential user base.

Delegated PoS algorithm is slightly inferior to the classic Proof-of-Stake. Users vote with their tokens LSK for delegates. Blocks create delegates (a total of 101 people), with the highest number of votes. The elected delegates will receive all rewards for stacking. However, nothing prevented them from sharing the dividends to support their users.

Since the proportion of allocations determined by the delegate, it can vary widely from 6.25% to 100%. Because of the somewhat intricate process of delegated PoS users it is recommended to read the appropriate manuals and go to wallet Lisk Nano.

Although technical limitations on the volume of LSK, required for voting, no, every vote costs 4 LSK. Therefore, in the election are encouraged to participate only to LSK 200 in your wallet (preferably more than 500 LSK) — this will allow to minimize the share of cost and get a good income. Currently the cost of one token LSK is about $2.9.

VeChain

The latest generation of VeChain Thor aims to become a platform for developing decentralized applications of enterprise level. All the power the developers intended to oust Ethereum in second place.

The project has two types of coins — VET, or the basic VeChain tokens, and the tokens of THOR Power. In function they are similar to the familiar NEO and GAS.

Holders get VET tokens THOR as a result of stacking, as well as the owners of NEO get GAS. Lows for stacking absent, and some of them even support the generation of THOR to the VET stored in their wallets. The yield of stacking is relatively small — about 1.68%, although over 10,000 VET you can become the owner of masternode.

Ark

The Ark project is unique in that the team is positioning it not as a universal and inclusive cryptocurrency. Rather, the ARK is designed to achieve a specific goal. The project aims to combine different blackany via SmartBridge technology. It works as a smart contract that can be performed on different blockchains with different protocols, for example, on the blockchains of bitcoin and ether.

Project Ark also differs from their algorithm is delegated to PoS by type Lisk (actually Lisk is a direct descendant of the Ark). Thus, users are not directly involved in the stacking. Their coins allow you to select 51 delegates, who will then share the rewards with the support of their users.

While the average share of deductions ARK is about 10%, some delegates pay up to 90-100%. In other words, almost everything dividends for stacking go to the voters and are allocated depending on the number of votes.

One small detail concerning the election: each wallet can only vote for one delegate. This is done specifically to prevent a potential centralization of the election system.

If the voter, for example, store in wallet 1 million ARK, he would have a million votes, but to give them he’ll for only one candidate. To vote for two, he will have to divide the cryptocurrency two of the purse, each will get half of the votes.

Again, this is done in order to prevent large ARK holders to vote for a certain group of delegates and potentially gain control over bloccano.

KuCoin Shares

KuCoin Shares tied to popular centralized cryptocurrency exchange KuCoin. This area of Hong Kong daily distributes 90% of the collected charges between holders KuCoin, reversing the traditional model Proof-of-Stake. However, the process cannot be called a stacking — rather, a simple storage.

KuCoin pays dividends to the owners of KCS tokens in exchange for their storage without any lows. The subtlety is that the average return to calculate is difficult, since the value of collected commissions is changing day by day, and the size of the dividend depends on the number of coins KCS.

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