While many were enjoying what they thought to be the best in the world financial system, experts were working tirelessly behind the scene to usurp the traditional financial system. The result of their painstaking research and development was the disruptive technology – the blockchain.
With its coming, the blockchain leveled many financial mountains and is setting the records straight. Companies are now opting for digitized means and most are porting to the blockchain itself. It brought scalability, high-speed transactions and security to the system.
The blockchain technology brought new prospects to the financial market but like every man-made innovation, it encountered some problems along the way.
Existing Problems
Though offering high-speed transactions, users and investors cannot dictate how funds can be transferred. Users cannot factually state if the transferred fund can get to the end-user and investors on their part do not have the power to influence the management’s decision.
Many unverified and unreliable coins litter the market and exiting crypto currencies and altcoins have volatile prices. In spite of its seeming inefficiency in some aspects and other problems that mar its success, users are still looking up to the blockchain as a better option.
To sustain users’ trust in the technology, a team of investors came together to develop a new platform that will hedge existing problems in the blockchain technology. The platform known as POOL OF STAKE was developed to bring more scalability and leverage the problem existing in the traditional blockchain technology.
Pool of stake is a platform built to develop a general algorithm for the traditional blockchains. It is a decentralized pool based for the first blockchain for proof of Stake. There are multiple benefits that the platform will generate for uses.
The Pool of Stake will work as a personal artificial intelligence support to bring profitable investment opportunities to you. Users will enjoy iron clad security system asides the scale of the economy. There will be report on the amount of electricity users can save alongside other features that makes it a perfect choice for miners. There are many other benefits the platform will offer. Before we examine it, let’s understand how it works.
How Pool Of Stake Works:
The Pool of stake is the final fate of blockchain, a decentralized pool system for proof of stake. BOscoin, Qtum, Tezos and various other proof of stake coin holders are welcomed to the pool of stake platform to begin mining.
The major aim of the pool of stake is to enable diggers who join the stake reap maximum benefits, irrespective of the size. As a result, the pool of stake uses the IOU token and the PSK utility token which gives PSK owners full control of their coin. Pool of stake users will be able to control, track and improve their interest in trustless manner.
Pool of stake is gradually gaining wide acceptance. Many people believe that with time, pool of stake will be the most preferred representative of the blockchain technology. Asides, with time, pool of stake will get set to make available the largest tool for proof of work. Also, the benefit and value cryptocurrency has is the total decentralization. These will security of all funds as well as operations.
We proceed to discuss some of the benefits of the Pool of Stake
Giving Personal Wallet
To give out the profit, the point of stake is arranged with an approximate split from 0 to 10%. There will be a personal wallet for every user to store their pool of stake points. Also, the system has a mechanism in place to examine the amount of tokens stored each time. This will help to present the best rate for all efforts users put in the system. Also, users will have access to the Pool of sake coin wither from the exchange available on the platform or during the ICO.
Impressive Rewards
Like many other blockchain based platform, there will be daily rewards. Every evening, the tokens present on each user’s node will be examined. This will guide in generating the reward. In calculating the rewards as well, every activities put in by the user will be analyzed. Whenever a user uses the PSK token to make or receive any transaction, the lowest charges are applicable.
The Pool of Stake Tokens: PSK and IOU Tokens
The tokens applicable on the platform are the PSK and the IOU tokens. PSK, a ERC 20 token, will give discount on every withdrawals. Based on the Ethereum blockchain, the PSK tokens will be safely stored in the Ethereum wallet of user’s choice.
POOL OF STAKE TOKEN INFORMATION
Category : Cryptocurrency, Infrastructure, Mining, Platforms & Ecosystems
Country : Switzerland
ICO date : 2018–07–20 / 2018–09–30
Soft caps: 2M€
Hard Cap: 8M€
TO LEARN MORE ABOUT POOL OF STAKE KINDLY VISIT THE FOLLOWING CHANNELS
WEBSITE : https://www.poolofstake.io/
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3283742.0
TWITTER : https://twitter.com/poolofstake
WHITE PAPER : https://www.poolofstake.io/wp-content/uploads/2018/04/Pool_of_Stake_whitepaper.pdf
TELEGRAM : https://web.telegram.org/#/im?p=@poolofstake
FACEBOOK : https://www.facebook.com/poolofstake
YOUTUBE :https://www.youtube.com/channel/UCenEbx5MwCF7kjTAWU-jv_g?
My Bitcointalk (Arumi.Bilqis) : https://bitcointalk.org/index.php?action=profile;u=965668
ETH : 0xADd9Ec477106F9165c6dad1803e2EfEb518240dB
Arumi.Bilqis 