Hello, this is Styner.
What you will notice today is about how to acquire Crypto Currency.
People who are interested in ICO or Mining instead of trading are interested in which proof the coin choose, how they can participate, and the how price change due to supply and demand.
It is It is done through consensus algorithm.
There are three kinds of Crypto Currency acquisition methods, DPoS, PoW, and PoS.
Let me look at what things are going to happen one by one.
Proof of Work (PoW)
The PoW method, called the proof of work, first appeared in Bitcoin, the beginning of cryptography (virtual currency). It is the most representative type of mining called mining. It is characterized by the power of the powerful speculator and the use of electricity.
The miners solve the same problem and the actor who solves this problem creates a block, which is determined by the ability of the mining equipment to operate. In the meantime, Uji Han and other large-scale miners appeared, powerful diggers were sold, and highly efficient high-performance graphics cards were sold out.
Early coins such as Monroe and Z Cache have these mining methods, which can be used by people who are interested in computers or software to create a specific group called Mining Pool and allocate computers .
Proof of Stake (PoS)
The PoS method, which is called the equity verification formula, is a form of interest such as bank interest, which is distributed according to the stake in the coin, that is, the number possessed. Therefore, energy consumption is low.
This is the first time Peer Coin started in 2012, and we will share the coin as proof of the coin. For this reason, the speed is degraded through several steps of verification, and block generation is generated through forging rather than mining.
A coin that holds more than a certain amount of coins is rewarded by connecting it to the network, and rewards are accepted as a similar concept of interest.
Neo gas (GAS), Strat (STRAT), New Eco Movement (NEM), Dash (DASH), etc. are representative PoS coins and Etherium (ETH)
DPoS (Delegated Proof of Stake0
This method, which can be interpreted as DPoS, a delegated equity certificate, is a password coin acquisition method often found in coins that have appeared since 2017.
Simply put, PoS + PoW means that you can increase the security of a PoS node, which can acquire cryptography, while increasing the performance of a PoS node, as compared to a PoS.
Typical coins are steam (STEEM), IOS (EOS), bit share (BTS), and arc (A) risk (Li).
The block-chain community Steem It makes it easy to understand that there are twenty representatives of SteamIT and 21 representatives of IOS, which are the key axes of the nodes.
There are various disadvantages such as the fact that the DPoS method can be a monopoly when the number of votes is small, and the problem of solving these monopolies, which are often called whales, can be regarded as the problem of DPoS.
So far, I've showed about PoW.
To explain this method, I want to maximize the revenue from your coin or token.
While PoW can be challenging, PoS or DPoS will allow you to earn additional money while you have coins and tokens in the long run, and you will be able to make pocket money, and how coins or tokens will be fundamentally implemented in ICO or Pre Sale. This is because you can guess.
I hope you have helped me, and I hope you will succeed.