in cryptocurrency we have two algorithms , pow and pos .
and PoSToken is the world's first Proof-of-Stake smart contract token on Ethereum platform.
what's new in PoSToken ?
The new in PosToken it's the first implements Proof-of-Stake
and the first world's first Proof-of-Stake smart contract .
what is the advantages of PoSToken ?
you can earn more when you hold , so the holders of PoSToken can earn some extra tokens just by holding PoSToken for a period of at least 3 days, greater than or equal to The Minimum Coin Age
Specifications of PoSToken
what the Minimum coin age ?
Minimum Coin Age is three Days
MAX TOTAL SUPPLY The Max Total Supply of PoSToken is set to 10 Million, but we just created 1 Million POS as the Initial Supply
but it's a very huge amount and supply ?
don't worry because the 10 million will only be reached in about 15 years or a little longer at the set PoS interest rate
can i Mining Pos ?
yes you can do this , Then you can start PoS Mining by:
a. Sending a transaction to your own address with any amount of POS.
b. Using MyEtherWallet.com or Mist or any other software that can interact with contracts to execute mint() function in PoSToken smart contract.
what is functions ?
function annualInterest() constant returns(uint);
Return current annual interest.
function coinAge() constant returns(uint);
Return coin age of your account. Return 0 means that your coin age doesn't meet the min coin age now.If you are not sure about your account's coin age, you can execute this function for query.
Roadmap PoS Token
Creation Service Q3/2017
Multi-PoS-Token Wallet Q3/2017
PoS Token Block Explorer Q4/2017
PoS Token Decentralized Exchange Q1/2018
PoS Mining Pool Q2/2018
airdrop postoken
we are in 3rd Round Airdrop Rules , the 1 and 2 airdrop will done . so you can try to join the 3rd drop to get some PoS
so PoSToken Not only an Ethereum Token
But also a Outstanding Brand New Token Standard for Proof-of-Stake Tokens
Check More At : postoken.org
The ANN Thread : https://bitcointalk.org/index.php?topic=2110712.0
