Proof-of-Stake (PoS) is a conecpt to raise the security of the Blockchain with a second layer of mining. – Trezarcoin uses this technology in a special way, which is known as “Fixed Reward Stake”. Every Proof-of-Stake Block that is produced, inherits 100 Coins, same Reward as a Proof-of-Work (PoW) Block. The only difference is, that PoW powers 66% of the Networkblocks and PoS does only 33%.
How does PoS work?
Proof-of-Stake is designed to earn interest on your Coins in your wallet. That way it rewards the holder with interest on his Coins, and he also supports the network with the creation of Blocks and verifiying of Transactions.
How do you Stake ( Requirements )
- Having Coins for at least 24h in your wallet.
- Leaving your wallet open and unlocked.
The bottom right of a Staking wallet should look like this:
Explanation:
(Lock) -> The Lock is open, means your wallet is unlocked.
(Triangle) -> Hover over it with your mouse, if it says “Staking enabled” you are staking already!
