POS Coin
1. Summary
- Description
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POS Coin
POS Coin
POS Coin is a cryptocurrency that operates on a proof-of-stake (POS) consensus mechanism. This mechanism involves randomly selected validators to confirm transactions and create new blocks. Validators are chosen based on the number of staked coins they hold, with higher odds given to those with larger stakes.
POS Coin uses this method to secure its blockchain, ensuring that users can earn passive income through staking, which involves holding and staking coins to contribute to transactions validation. This method is known for its energy efficiency and lower environmental impact compared to proof-of-work (POW) mechanisms.
As a POS coin, users can participate in the consensus process directly by staking their coins or delegate to other validators, earning rewards in proportion to their stakes.
| Price | |
| 52W High price | $0.000000021800 |
| 52W High date | 1st May 2022 (3 years ago) |
| All Time High (ATH) Date | 24th Dec 2024 (5 months ago) |
| All Time Low (ATL) Date | 24th Dec 2024 (5 months ago) |
| Supply & Trading Volume |
How does POS Coin's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 205 |
| Twitter followers | 1,760 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | http://www.poscoin.community/ |
|---|---|
| Explorer | https://www.coinexplorer.net/POS |
| @scoin800 |
Has POS Coin been audited for security?
No security audits found for this project.
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