Good evening, dear friends. Today I will talk about a unique project. The difference of modern man is a mobile approach to life in General, and to work in particular. The traditional way of life with a daily trip to the office to work takes a back seat. Man seeks every minute of his life to use the most cost-effective. Often, in addition to the main work, people have a part-time job where you can earn remotely. Platform Pool of Stake gives the opportunity. Pool of Stake creates a secure pool to work with cryptocurrency using blockchain technology. Objects such as Qtum, Stratis, Universa, etc. on the basis of Ethereum will be able to consolidate in one place. The main goal of Pool of Stake is to increase profits for cryptocurrency holders by placing many types of cryptocurrencies in one place and reducing Commission costs. Two tokens are used for this purpose. The first one is the PSK token implemented according to the ERC-20 standard, which gives the right to receive a discount for the withdrawal of rewards. The second is the token KEY, which is used for investment on the platform. The PSK platform will provide a database Analytics tool through smart contracts that will allow members to track, monitor and optimize their investments.
Key features of Pool of Stake
The use of PoS is gaining momentum and many analysts believe that over time PoS will become the best representative of blockchain technology. Pool of Stake will be ready to provide the largest pool for PoS. The main value of the cryptocurrency is in a fully decentralized basis, which guarantees the safety of funds and security of operations.
The main difference between pow and PoS lies in the model that defines the approach to encoding and adaptation of the information block in the block chain. In PoW, the only way to work is to use the processing power generated from the CPU. But in the developing world, PoW has ceased to meet customer needs: peer-to-peer communication without the ability to expand the total network hashing capacity and without the support of more algorithm computing (taking into account SHA -3 (SHA-256) has ceased to be in demand. The miners had to use an additional component with a higher wattage. This shows that decentralization severely compromised protocols PoW. Interaction with PoS solves many of these problems.
Advantages of the Pool of Stake project
There are no miners as such in PoS. Instead, there are validators. Each block is run by a set of randomly selected validators. The ability to vote for each validator depends on its specific weight in the project (the number of tokens). Validators are able to receive transaction fees instead of the minimum fixed fee. The benefits of PoS include security, reduced risk of centralization, and energy efficiency.
This means that miners can earn money by checking transactions at PoS. Pool of Stake allows you to take into account the features to make a profit through the PoS. The validator needs to be online 24/7 to be able to connect a new block at the required moment. A high-stakes validator is disproportionately more likely to replace a new block and generate new transactions, thereby generating high transaction fees. Here are the reasons for creating a betting pool. It acts as a single node that allows you to combine in one place the latest technology, creating a much higher network weight to collect more rewards.
Pool of Stake cryptocurrency
Pool of Stake tokens can be purchased for euros, dollars, CHF and ETH. If the donation amount is more than 50 000 CHF, then KYC is mandatory. During the private sale of the project collected 750 thousand euros, which is a good result.
Preliminary sales are now coming to an end and investors still have the opportunity to purchase tokens with a 35% discount. The official start of the ICO will be July 20, 2018, and will last until August 19, 2018. The hardcap of the project is 8 million euros, with the softcap level of 2 million euros.
The outcome of the review of the draft Pool of Stake
Thus, the Pool of Stake project is a unique pool for checking the cryptocurrency with subsequent investments. Using Pool of Stake https://www.poolofstake.io services, users will be able to invest their cryptocurrency to generate passive income. A significant advantage of PoS security over PoW is that some PoS blockchains, such as Ethereums Casper FFG, have a built-in mechanism that destroys scammers and makes attacks unprofitable. The project began its existence in the middle of last year and by the end of this year plans to earn in full functionality with the release of the platform dPOS.