What is Stake ?

Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike proof-of-work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.

 

 

How to stake a coin ?

1) - You need to select a coin with stake ability .
2) - Send coin to your wallet here in coinsmarkets or buy coins .
3) - Stake are credited once per day GMT time @ 00:00 .

 

 

How we calculate stake ?

Stake coins are calculated once per day (GMT time @ 00:00 ) , We count overall generated coins and split them on all users balance .
So a balance of 10 coins get 10 share , a balance of 1 coin get 1 share .
If the total balance of the wallet is 100 coins then the user who had 10 coins (10% of the wallet amount) get 10% of total staked coins.
Note even coin that are currently in trade (on order) will also generate stake share .

 

 

How much can i make from staking ?

Each coin is different , please refer to the coin specification to calculate your stake .

 

 

Why it is better to stake your coin in coinsmarkets ?

1) - You will generate more staking coins with us , Since u are not only getting stake coins according to own balance but also coins from our wallets made from DEV giveaway ,fees and transaction fees .
2) - You will keep generating stake coins even if your coins are in order , Ability to trade and stake at the same time .
3) - Some coins require that you keep your wallet open in order to generate stake , Our wallet is always online 24/7.

 

 

Is it possible to see stake stats in coinsmarkets ?

Yes check the data bellow :
Coin NameToday overall Stake AmmountTimeTop Member
Mousecoin 559347360.000000000 (MICE) 06/18/2017 04:06:14 equate made (531363990.520000000)
InflationCoin 79726.071232890 (IFLT) 06/18/2017 04:06:14 equate made (75733.222148400)
SweepstakeCoin 74369.112315780 (SWEEP) 06/18/2017 04:06:14 McDaddyfresh made (38613.411389300)
Ohm 2876.800246000 (OHM) 06/18/2017 04:06:14 Sonickers made (1317.939622290)
ObamaCare 1322.157470310 (OBC) 06/18/2017 04:06:14 playersfun made (806.431844380)
Lisacoin 735.326986300 (LISA) 06/18/2017 04:06:14 polunin2009 made (556.482887165)
Netchain 275.388856520 (NTN) 06/18/2017 04:06:14 equate made (91.560848707)
Rain 172.590410930 (rain) 06/18/2017 04:06:14 admin made (128.953255729)
Nobtcoin 153.986766420 (NBC) 06/18/2017 04:06:14 russokito made (48.403069410)
UDOWNCoin 88.365760030 (UDOWN) 06/18/2017 04:06:14 bumba made (59.491317070)
CHEAPCOIN 77.085239830 (CHEAP) 06/18/2017 04:06:14 russokito made (57.510357631)
QuantumVort 71.626113110 (QVORT) 06/18/2017 04:06:14 admin made (47.185410066)
1337 56.119016470 (1337) 06/18/2017 04:06:14 equate made (33.513436360)
GeyserCoin 40.375918410 (GSR) 06/18/2017 04:06:14 admin made (28.092389144)
Lycaon-pictus 40.277454350 (LYC) 06/18/2017 04:06:14 auroraobito made (18.168760354)
Crave 28.000000000 (CRAVE) 06/18/2017 04:06:14 admin made (5.645555514)
GirlsToken 14.240132740 (XGTC) 06/18/2017 04:06:14 equate made (13.509514060)
421 12.630000000 (421) 06/18/2017 04:06:14 playersfun made (8.236822050)
Vsync 10.000000000 (XVS) 06/18/2017 04:06:14 equate made (9.500000000)
Workercoin 8.584708770 (WOK) 06/18/2017 04:06:14 playersfun made (6.527317533)
Trance Coin 5.112357900 (Trance) 06/18/2017 04:06:14 bitcoin made (2.971033074)
PartyCoin 3.498762950 (PARTY) 06/18/2017 04:06:14 ZeDRoYMaN made (2.484259698)
Doubloon 2.781369850 (BOAT) 06/18/2017 04:06:14 equate made (2.323143025)
ReddByteCoin 2.434510080 (RBC) 06/18/2017 04:06:14 admin made (2.118642962)
GRUMFORK 2.351093870 (GMF) 06/18/2017 04:06:14 equate made (2.229875236)
ThomasJefferson 1.440799970 (THOM) 06/18/2017 04:06:14 equate made (1.143177780)
StaxCoin 1.432062460 (STAX) 06/18/2017 04:06:14 equate made (0.421201123)
Cryptodao 0.904467670 (CDO) 06/18/2017 04:06:14 admin made (0.310526809)
VirtacoinPlus 0.659947750 (XVP) 06/18/2017 04:06:14 abledigital made (0.564108260)
Impact 0.255219610 (IMX) 06/18/2017 04:06:14 admin made (0.195958691)
BioBar 0.166245710 (BIOB) 06/18/2017 04:06:14 equate made (0.157933425)
BestChain 0.129749420 (BEST) 06/18/2017 04:06:14 equate made (0.123261949)
KingNCoin 0.058891000 (KNC) 06/18/2017 04:06:14 Caffe1ne4Life made (0.019692525)
ECOcoin 0.041068610 (ECO) 06/18/2017 04:06:14 TIC made (0.039015180)
Cryptogold 0.003622380 (CG) 06/18/2017 04:06:14 RedRabbit made (0.003425061)
PupaCoin 0.000001220 (PUPA) 06/18/2017 04:06:14 KPACAB4uK made (0.000000507)

 

 

 

 

 

 

 

 





News

Stake again disabled

Time : 2017-06-20
We have tested enhanced stake , now we are fixing all minor issues that we faced .So stake is disabled for the moment ,
All stacked coins are counted and will be credited once we switch on stake again .


VirtauniqueCoin disabled

Time : 2017-06-19
After dev request we disabled VirtauniqueCoin trade until futher notice .

Stake Online

Time : 2017-06-18
Staking is back online again with optimized algorythm , now you can track your stake @ Deposit History overall stake stats and more details about how it work @ stake page .
* Note all staking generated in the last 3 days while staking was offline were credited .


Pair UNF/BTC Removed

Time : 2017-06-17
After Dev request we removed Pair UNF/BTC , please cancel all your active trade and withdraw your UNF coins . Regards

Stake and POS coin future improvement

Time : 2017-06-14
Currently Staking is disabled for all POS coins , we are working on improving staking feature and improving the code .Please bear with us

Server issue * fixed

Time : 2017-06-01
Due to issue in our datacenter , trading is off , we are working to restore it asap .datacenter fixed issue trading resumed . thanks.

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GeyserCoin GSR

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