PoolofStake ICO & Token Sale
- PoolofStakeSmart Contracts, Investment
Pool of Stake is a first of its kind, decentralized pool for Proof of Stake, the future of blockchain. PSK is a fully decentralized, self-regulated and completely trustless pool. The main goal of PSK is to increase profits for small miners who unite in the Pool of Stake. PoS is the future of blockchain and Pool of Stake is already here to bring PoS coin holders together and make the greatest profit possible in Mining 2.0. Qtum, Stratis, Universa and other PoS coin holders can unite in the Pool of Stake and start Mining 2.0, generating daily forging rewards by simply staking their PoS coins.
What is Mining 2.0
The core difference between Proof of Work and PoS lies in the model concerning how the next block is mined or forged within the blockchain. The growth of the network made it increasingly difficult for individual miners to find mathematical puzzles and accordingly to mine more coins. This led to the development of highly professionalized mining pools with mining farms, outcompeting the regular small miner.
The fundamentally different structure of PoS solves many of these problems and allows pools to be truly decentralized. In PoS, there are no miners as such. Instead, there are validators that perform forging or Mining 2.0. The next block is proposed and voted on by a set of randomly chosen validators. By using Pool of Stake services, pool members can stake their coins with PSK and permanently generate a passive income for themselves with the forging rewards. A significant security advantage of PoS over PoW is that there are much fewer economic incentives for pools and individuals to be harmful to the network.
Services of Platform
Transparency and trustless services are central to Pool of Stake. The PSK platform will use a smart i.o. database. Pool of Stake members will be able to check the total amount of coins held by the entire pool and the generated rewards in total so that they can verify the correctness of their individual rewards. The analytics of the smart i.o. the database will show the performance of the different PoS coins. The PSK platform will include a communication tool so that PSK members can communicate with each other, make proposals to the community and vote on important decisions.
Pool of Stake ICO
Pool of Stake AS will accept donations in €, $, CHF and ETH, in accordance with the Swiss regulations. There will be a private presale and public presale at a discounted price using reservation contracts. The official start of the ICO is 20 July 2018 and is scheduled to run for one month until 19 August 2018.
- 5.0Very promising projectLooking forward to itJon
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