The Pool Of Stake Platform Provides Opportunities

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Modern people are different due to their mobile approach to life in general, and to work in particular. The traditional way of life with a daily travel to office for work fades into the background. People strive to use every minute of their lives as productively as possible. Often, in addition to the main work, people have additional work, where they can earn remotely. Pool of Stake platform gives this opportunity, creating a secure pool for working with cryptocurrency using blockchain technology. Such objects as Qtum, Stratis, Universa, etc. based on Ethereum will be consolidated in one place. The main objective of Pool of Stake is to increase profit for cryptocurrency holders by placing many types of cryptocurrency in one place and reducing commission expenses. Two types of tokens are used for this purpose. The first one is 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 KEY token, which serves for investment on the platform.D PSK platform will provide a database analytics tool through smart contracts, which 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 cryptocurrency is in a completely decentralized basis, which guarantees the safety of funds and the security of operations.
       
The main difference between PoW and PoS lies in the model that determines the approach to encoding and adapting the information block in blockchain. In PoW, the only way to work is to use the processing power received from the CPU. But in the developing world, PoW has ceased to meet the needs of customers: peer-to-peer communication without the ability to expand the total network hashing capacity and without supporting more algorithms (SHA -3 (SHA-256)) is no longer in demand: the miners had to use additional electronics with higher power. This shows that decentralization has h2ly compromised PoW protocols, and interaction with PoS solves many of these problems.

Advantages of Pool of Stake project

In PoS, there are no miners as such. Instead, there are validators. Each block is run by a set of randomly selected validators. The possibility of voting for each validator depends on its specific weight in the project (the number of tokens exposed). Validators get the opportunity to receive transaction fees instead of a minimum fixed fee. The benefits of PoS include security, reduced centralization risk and energy efficiency.
This means that the miners can earn money by checking transactions in PoS. Pool of Stake allows taking into account features for profit through PoS. A validator needs to be online 24/7 to be able to connect a new unit at the right time. The high-rate validator gets a disproportionate chance of replacing the new block and generating new transactions, thereby obtaining high transaction fees. Here are the reasons for creating a pool of bets. It acts as a single node that allows combining the latest technologies in one place, creating a significantly higher network weight for collecting more rewards.

Pool of Stake cryptocurrency

Pool of Stake tokens can be bought for euros, dollars, CHF and ETH. In case the donation is more than 50 000 CHF, then KYC is mandatory. During the private sale, the project collected 750 thousand euros, which is a fairly good result.
Now the pre-sale is about to over, and investors still have the opportunity to purchase tokens with 35% discount. The official start of the ICO is July 20, 2018, and it lasts until August 19, 2018. The project's hardcap is 8 million euros, with a softcap level of 2 million euros.
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Summary

Thus, the Pool of Stake project is a unique pool for checking cryptocurrency with subsequent investments. Using Pool of Stake services, users will be able to invest their cryptocurrency to receive passive income. A significant advantage of PoS over PoW security is that some PoS block circuits, such as the Ethereums Casper FFG, have a built-in mechanism that eliminates scammers, making attacks unprofitable. The project was launched in the middle of last year, and by the end of this year it plans to implement full functionality with the release of dPOS platform.

For more details, please visit the link below:


Author: Al Wahhaab
My ETH: 0x870d66F0756bCB956359Ca0120e026e9A640217A

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