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Postoken Price: $0.005430 0.00%
What is Postoken?
Proof -? of-? Work(PoW) and Proof-? of-? Stake(PoS) are the two most important algorithms, although an increasing number of algorithms are being proposed. Bitcoin is the first crypto currency and is the first p2p crypto currency to utilize Proof-? of-? Work algorithm. Peercoin was made in 2012 soon after and will be the execution of Proof-? of-? Stake algorithm.
In simple terms, coin holders may earn a few coins by holding any coins -? of-? Stake system. To normal users, this is the biggest gap between Proof-? of-? Stake and Proof-? of-? Work.
Now, PoSToken implements the Proof-? of-? Stake mechanism within an Ethereum Token. By holding PoSToken for a time period holders of PoSToken can get revenues. It functions the identical manner with Proof as some other coin and Peercoin -? of-? Stake algorithm perform.
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