ARE YOU JUMPING ON THE STAKING BANDWAGON?

You should be if you hold #hive. Compare to how many different block-chains work holding your tokens to verify the network will be the way to go. This blockchain allows witnesses to do so. It differs greatly from POS. #hive runs on DPOS. The format is similar but just a group controlled the security of the blockchain. As a whole we all do but the witnesses job are well defined.

In #hive when you power up your #hive tokens, you do a similar like pos by protecting the flow of #hive to run wild as liquid. It is more cost efficient to run a system in POS compare to POW. #bitcoin is all POW where you need to have to newest machine to mine and allow others to transact on their blockchain. Soon #ethereum will join the party and more people will hold #ether to earn more.

It may sound easy to do so but it requires many systems in order to stake properly. So far #hive DPOS sounds more easier to achieve by power up your tokens. Running a node allows easy access to the front end from all over the world . Being a witness requires a lot more in the back-end than just having a server set to run the blockchain. It is not about the work it is all about the way to do it and get yourself in top 20 otherwise you are here for a rude awakening.

Seeing the growth in staking throughout crypto sphere is showing more eyes are looking at #hive in some ways. Tezos is moving quite well with their staking format. Cardano is coming as well with their new update. 2020 may not be all about DEFI. So many projects are making their way to improve their system.

If you want to get a glimpse of proof of stake tokens, keep an eye on the development of #ada and soon #ether. #tezos is another one you can stake as a pool in #binance if you feel comfortable living your tokens in an exchange. This is the new way of mining or benefiting on the inflation of a token. Be safe and keep your surrounding safe

Posted Using LeoFinance