As we already know how much energy wasted on crypto mining using POW(proof of work) algorithms, there are also scalability issues in such cryptocurrency as we already facing in bitcoin, ethereum moreover lot of cryptocurrencies are not ASIC resistant which is making crypto centralized in hand of few.Postoken solves all these issues.
POStoken is first POS(proof of stake) algorithm coin based on Ethereum blockchain which is greener and better alternative to power hungry POW based coins.Every POS token holder 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.
You don't have to run Asic or gpu rigs at all to mine POS, just stake your coin like you do in a normal bank and you will earn interest.
Postoken is distributing 80% of initial supply(1 millon) to community as airdrop.Rest 20% are reserved for development and marketing.Currently 3rd round of airdrop is going on.They will keep running further rounds until 80%(800k postoken) has been distributed.You can join the airdrop (for details and eligibilty check bitcointalk ANN link).If you are looking to buy postoken you can do so in etherdelta or you can directly buy from postoken developer team(funds collected will be used for listing in major cryptocurrency exchanges).You can contact devloper team on telegram here.
Ethereum also soon changing its mechanism from POW to POS which is testimony to the fact that POS is the future and POStoken will lead and guide the cryptoworld in transformation to POS algorithm.Click below links to get more familiar with postoken or to join airdrop.
PoSToken Whitepaper PoSToken Website PoSToken Airdrop Registration Bitcointalk ANN thread
