Cryptocurrency-generating passive income[↻70%]

in #sbdgiveaway7 years ago


o date, more than a thousand types of cryptocurrencies are represented on the crypto market. Due to the fact that each cryptocurrency supports its own project, mission, blockchain and mechanism of operation, mining and day trading have long ceased to be the only ways to generate income. To income the holders of some cryptocurrency can and through support algorithm PoS, long investment or startup masternode.
Passive income from ownership interests with PoS
Unlike the mechanism of Proof-of-Work (PoW), where each miner actually has to prove that his node has performed calculations, PoS (Proof-of-Stake) miners, which are called validators, prove the ownership share or steak cryptocurrency of this blockchain. The larger the share, the more likely it is that Noda will get the right to extract the next block. At the same time, the income of the validators is made up exclusively of transaction fees. POS algorithm has several significant advantages over PoW — this mechanism is more resistant to attacks and not so high-cost in electricity consumption.
In order to receive passive income from PoS, you only need to keep your computer turned on, and the POS wallet-crypto-currencies activated, so that they confirm transactions on the network. One of the key advantages of this type of passive income is that its cryptocurrencies can be sold at any time, they do not lose in price because of the steak. You can also delegate your ownership share to another validator, and in return to receive a percentage of the fee for mining. In this case, you need to delegate your share of ownership once and then just wait for charges.
Among the shortcomings, experts note the possibility that PoS may lead to the accumulation of funds in the hands of one or a group of validators, which will adversely affect the decentralization of the network. Also, depending on the cryptocurrency, the entry threshold may be high enough, and large investments will be required for substantial income. However, the number of cryptocurrencies that support the PoS consensus algorithm is constantly growing, so the choice for investors is also increasing.

Of the coins presented, it is worth considering separately the cryptocurrency of the Stellar Lumens (XLM) network, which uses its own consensus algorithm Stellar Consensus Protocol or SCP, rather than PoW or PoS. XLM coins are not subject to mining, but the planned annual inflation of 1% of the total XLM issue works in the Stellar network. Holders of coins have the right to vote for the address, which, in their opinion, should get generated in the process of inflation of the coin XLM. In order to get them, the address needs to collect more than 0.05% of the votes of all coin holders. As a result, XLMPools pools appeared in the network, which automatically distribute the received coins to the holders who voted for them.
The most popular and profitable cryptocurrency-enabled PoS:
BitShares
Diamond
Factom
Lisk
NEO
OKCash
Omni
PIVX
Stratis
Reddcoin
Waves
Passive income from running masternode
Masternode, or masternode, is a networked computer with a server running a crypto cache. Masternode allow the network to perform functions that can not run the miners: confirm instant transactions to ensure decentralization of governance to carry out private transfers.
The purse masternode must attend a certain number of coins as a collateral confirmation of shareholdings. The network automatically rewards the master in exchange for supporting the network and blocking a certain amount of cryptocurrency. Masternodes can support both PoS and PoW.
As for earnings on the masternode, it depends on the type of cryptocurrency, on how this cryptocurrency works with the masternode, and how stable the rate of this cryptocurrency is. To date, the following cryptocurrencies support the work of master codes in their network:
Bata (BTA)
Crown (CRW)
ChainCoin (CHC)
Dash (Dash)
Diamond (DMD)
ionomy (ION)
Monetary Unit (MUE)
Neutron (NTRN)
Pivx (PIVX)
NEM (NEM)
Vcash (XVC)
Passive income from dividends from cryptocurrencies
In the classical sense, dividends are a part of the company's profit, which is received by each shareholder who has invested his / her funds in shares. So on the crypto market, a number of blockchain projects are presented that charge dividends to holders of crypto-currencies after a certain period of time-a day, a week, a month, a quarter or a year. It is worth noting that in order to receive dividends from cryptocurrencies, in most cases it is necessary to keep them in the recommended wallet, not on the stock exchange. Otherwise, dividends will be to get it exchange.
NEO
The NEO platform is often described by crypto market players as the Chinese version of Ethereum, and its cryptocurrency is considered one of the most promising this year. The platform exists for the development and support of "smart economy", and among the partners of the project are Microsoft China, Hyperledger project, Alibaba and the Chinese government.
The platform provides for the operation of two tokens: NEO and GAS. NEO assumes partial ownership of the shares of the platform, while GAS is used to pay for all transactions in the NEO network. To get a GAS, you just need to have A neo token in your wallet, where the option "Claim Gas" is provided, for example, in the neon wallet. Each month, NEO holders are credited with GAS, and THEIR number directly depends on the time of ownership of THE neo token.
PIVX
Private Instant Verified Transaction or PIVX is a project of safe decentralized PoS PIV cryptocurrency that focuses on privacy. This cryptocurrency appeared as a result of the hard fork of the Dash network. Cryptocurrency developers have set a goal to issue a coin with which you can quickly and anonymously carry out operations, and its management system should be transparent and fair.
As in most cases with PoS-coins, PIV holders are charged with fixed rates from operating deductions. In accordance with the PoS 3.0 Protocol, the system applies both a fixed block award and an innovative distribution of remuneration. There are three ways to obtain PIV: to earn stored in the wallet PIV to run masternode, which requires 10,000 PIV, or assist in the development and launch of projects PIVX.
Every 60 seconds, 5 pivs are created, which are automatically divided into three parts: 10% is transferred to the budget Fund, which is used to Finance and further development of PIVX, and the remaining 90% (4,5 PIV) are distributed between the master codes and the owners of active wallets.
Neblio
Neblio project held an ICO in August 2017 in support of the peer-to-peer blockchain network. Thanks to Nebilo users can conduct transactions, run and work with decentralized applications, conduct ICO and use smart contracts. On the platform there is a cryptocurrency NEBL, which is a means of payment in the network, and also provides an opportunity for instant transmission of information.
Nebilo blockchain uses PoS, in which users "put" their tokens to ensure the safety of the network, which is called steaking. For steaks, users receive a reward proportional to the number of NEBL tokens delivered.
100% of all tokens were sold during the ICO, after which the only way to get NEBL is to buy from holders or participate in steaks to get a reward in the form of tokens. Moreover, steaks are the only way to create new tokens in the Nebilo network.
NAV Coin
Nav Coin is a decentralized PoS cryptocurrency based on the latest version of Bitcoin Core. NAV Coin cryptocurrency is completely anonymous, thanks to its technology, which removes even the IP address of the computer from which the transaction was carried out.
Nav Coin supports SegWit functionality and easy-to-use wallets, which are equipped with advanced privacy features. Thanks to the PoS algorithm, holders can earn up to 5% of their investments by simply holding a wallet that supports this currency in a Steakhouse mode.
KuCoin
Passive income is also possible by storing the eponymous cryptocurrency exchange KuCoin. A token-KCS (KuCoin Shares) was launched in September of 2017 the role of the stock exchange. In connection with which all holders of KCS rewarded — with exactly 50% of their profits distributed among stock exchange investors, according to the size of their balance KCS. To get a daily reward, it is enough to keep the CCC on the stock exchange. Also, the exchange plans to buy 100 out of 200 million KCS, gradually burning them, by analogy with the Binance exchange.
BridgeCoin
BridgeCoin or BCO is an internal decentralized cryptocurrency exchange CryptoBridge DEX. In the same way as in the case of KCS, holders of tokens BCO are considered investors therefore receive dividends from profit in the amount of 50%. However, the accrual intervals vary depending on the trading volumes of the exchange.

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Hi @ivan2018,

It seems you got a $13.2875 upvote from @skorek at the last minute before the payout. (21.86h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

This post has received a 4.19 % upvote from @kittybot thanks to: @ivan2018.