Most cryptocurrencies rely on vast amounts of computing power to find a valid solution and submit a proof - of - work claim in order to obtain the reward. Examples of such currencies include Bitcoin, Litecoin, Ethereum (currently), Dogecoin, and Namecoin. As these types of currencies became more popular, the amount of energy needed to run mining hardware increases. The barrier of entry to competing on these currencies is twofold; the costs of hardware and the cost of electricity.
Recently, however, more cryptocurrencies are migrating to, or launching as, proof - of - stake. Traditionally, proof-of - stake pays out block rewards based on a set annual percentage rate (APR) in the parameters defined by the developers of the coin. More recent projects have opted to reward a static amount per block. Since most wallets don’t support offline staking, it is critical that your wallet remain online with stable and reliable server hosting. Currencies using PoS include NXT, peercoin, PIVX and soon Ethereum.
Proof-of-stake currencies and masternodes both reward primarily on the value of the wallet. The wallets help maintain the integrity of the entire currency while masternodes perform more computational - critical roles. Getting a noticeable return on vestments (ROI) in proof-of-stake currencies requires substantial initial investment. That investment is locked into a single currency. Many of these currencies do not support offline staking, so the wallet would be required to have almost continuous uptime for it to remain competitive enough to receive block rewards.
Managing all of these currencies and keeping track of trading, buying, and selling is a daunting task for people that cannot do this full-time. MASS Cloud Ltd. bridges the gap between ease of use and currency fluidity. Our platform performs the trades, buys and sells on select coins, and automatically converts block rewards to Ethereum when paid out.
- Allows token holders the ability to stake securely in multiple currencies and masternodes simultaneously, while receiving block rewards automatically - MASS tokens themselves lead to a large pool of funds receiving block rewards on a continuous basis, which will drive their value on exchanges even further
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.