Post by Admin on May 7, 2017 11:12:07 GMT
Why pure PoS coins could not be as successful as POW coins?
The best PoS coin is Blackcoin which is currently traded on Poloniex and has a market capitalization of about 12M Dollars. Blackcoin seems good enough for holders to hold for long time; however it's hard to get good profit comparing to holding other coins if holding Blackcoin with only 1%-5% interest/year.
While many PoW coins jumped up much higher recent time, most of PoS coins jumped back.
There're some main reasons.
1. PoS coins are lack up active supporters.
They could be devided into two groups.
The first group is a passive group which hold coin in long time.
The second one is an active trading group which often dump the coin they hold for short-term profit.
Both groups make PoS coins not to have its deserved standing.
2. Being lack up a big enough community
3. The seperation between many PoS coins makes investors confused. They don't know to choose which PoS coin for holding long.
4. The misunderstanding about the concept "inflation".
Some PoS coins reduces annual interest to lowest level possibly to control "inflation".
Some others use a big interest without considering "inflation".
Investors often choose low inflation coin to invest while they wish as high interest as possible.
Coins which have low inflation lose their value gradually.
Coins which have very high inflation lose their value quickly.
If choosing not the right coin which balance the development and the inflation, investors will be hard to earn profit.
Why is a PoS coin deserved to stand in top ten of all cryptocurrencies' market captitalization?
- PoS has no inferior security and swiftness to PoW
- PoS is more environment friendly
What are essential to bring a PoS coin to top ten?
What have made a PoW coin to top ten could make a PoS coin to top ten. That's the principle.
Miners bring PoW to top, Stakers will bring PoS to top if staking community is strong enough.
What is our solution?
- Building strongest stakers' community
- Giving high interest to stakers but low inflation
What is our mission?
To actualize the dream of building top-ten PoS coin, we've been developing StakeKing project.
We will bring all stakers of all PoS coins together.
We ensure deserved profit to stakers.
What is special features of StakeKing?
Most important thing: The easiness for staking to start with any amount of coin stakers hold.
Coin maturity: 4 blocks
Minimum time to stake: 1 hour
PoS interest: 68%, not 68% of inflation (The reason is explained below)
Other specifications:
Name: StakeKing
Short: STKG
Block time: 60 seconds
First block: 5.000.000 STKG
Why 68% interest and 68% interest is not 68% inflation?
68% is chosen because it's is near the ratio value which is most favored. That's golden ratio.
Stakers will be more attracted by this interest.
This is also not 68% inflation. If 2/3 number of coins in circulation are staked, there will be less than 1/3 number of coins left for trading and coin's value will be easier to level up more than 50% value annually. Inflation rate in this situation is about 30% and market capitalization will double (130%*150%) every year. The more coins are staked, the more value of each coin will be increased. The less coins are staked, the less inflation rate and stakers will be the only ones receive 68% interest.
Famous Fibonacci chart expresses the growth of StakeKing's market capitalization
a1 + b1 = 100% of year 1
Square of (a1+b1) is market cap of year 1
a1 + b1 = b2
b2 + a2 (or 1.5*b2) = market cap of year 2 = 2 * market cap of year 1
Follow Fibonacci's law, StakeKing will grow to top-ten cryptocurrencies for a few year.
The best PoS coin is Blackcoin which is currently traded on Poloniex and has a market capitalization of about 12M Dollars. Blackcoin seems good enough for holders to hold for long time; however it's hard to get good profit comparing to holding other coins if holding Blackcoin with only 1%-5% interest/year.
While many PoW coins jumped up much higher recent time, most of PoS coins jumped back.
There're some main reasons.
1. PoS coins are lack up active supporters.
They could be devided into two groups.
The first group is a passive group which hold coin in long time.
The second one is an active trading group which often dump the coin they hold for short-term profit.
Both groups make PoS coins not to have its deserved standing.
2. Being lack up a big enough community
3. The seperation between many PoS coins makes investors confused. They don't know to choose which PoS coin for holding long.
4. The misunderstanding about the concept "inflation".
Some PoS coins reduces annual interest to lowest level possibly to control "inflation".
Some others use a big interest without considering "inflation".
Investors often choose low inflation coin to invest while they wish as high interest as possible.
Coins which have low inflation lose their value gradually.
Coins which have very high inflation lose their value quickly.
If choosing not the right coin which balance the development and the inflation, investors will be hard to earn profit.
Why is a PoS coin deserved to stand in top ten of all cryptocurrencies' market captitalization?
- PoS has no inferior security and swiftness to PoW
- PoS is more environment friendly
What are essential to bring a PoS coin to top ten?
What have made a PoW coin to top ten could make a PoS coin to top ten. That's the principle.
Miners bring PoW to top, Stakers will bring PoS to top if staking community is strong enough.
What is our solution?
- Building strongest stakers' community
- Giving high interest to stakers but low inflation
What is our mission?
To actualize the dream of building top-ten PoS coin, we've been developing StakeKing project.
We will bring all stakers of all PoS coins together.
We ensure deserved profit to stakers.
What is special features of StakeKing?
Most important thing: The easiness for staking to start with any amount of coin stakers hold.
Coin maturity: 4 blocks
Minimum time to stake: 1 hour
PoS interest: 68%, not 68% of inflation (The reason is explained below)
Other specifications:
Name: StakeKing
Short: STKG
Block time: 60 seconds
First block: 5.000.000 STKG
Why 68% interest and 68% interest is not 68% inflation?
68% is chosen because it's is near the ratio value which is most favored. That's golden ratio.
Stakers will be more attracted by this interest.
This is also not 68% inflation. If 2/3 number of coins in circulation are staked, there will be less than 1/3 number of coins left for trading and coin's value will be easier to level up more than 50% value annually. Inflation rate in this situation is about 30% and market capitalization will double (130%*150%) every year. The more coins are staked, the more value of each coin will be increased. The less coins are staked, the less inflation rate and stakers will be the only ones receive 68% interest.
Famous Fibonacci chart expresses the growth of StakeKing's market capitalization
a1 + b1 = 100% of year 1
Square of (a1+b1) is market cap of year 1
a1 + b1 = b2
b2 + a2 (or 1.5*b2) = market cap of year 2 = 2 * market cap of year 1
Follow Fibonacci's law, StakeKing will grow to top-ten cryptocurrencies for a few year.