How Do BridgeCoin BCO Miners Work

PosToken (POS) PosToken is a new proof-of-Stake smart contacts token that is based on an Ethereum platform. If you love Proof-of-Stake coins, but hate running different wallets them the PosToken is the token for you.

Oct 23, 2017 - What are you guys mining? Post which alt-coins you have and how many, Someone might be interested in trading with you! We can also use this thread for new alt-coin announcements & releases;). BridgeCoin (BCO) Website. Proof Of Work; Replay. Not subjected to takedowns and no pre-mining of the token. BCO holder can also earn from staking their coins on.

The PosToken is based on the ERC20 Token standard. As an Ethereum token, the token implements the Proof-of Stake mechanism which means holders of POS, as known on the cryptocurrency exchanges, can earn extra tokens just by holding the token in their token wallets for a period of time.

The idea behind the PosToken is to issue users with an Ethereum Token that using the proof-of-stake mechanism and also to define a brand new token standard for POS tokens. The Token Standard is devised to specifically help developers to issue Proof-of-Stake tokens. The Token is a new innovation and a new era of the Crypto token industry.

PosToken mining guide PosToken is mined using three methods. The method you use to mine the token depends on who is holding the token and the number of tokens they want to mine. Here is a guide that will help you mine PosToken.

Holding Users of PosToken can hold their tokens for a period of time to keep mining the tokens. Users can hold token for atlases 3 days or even weeks. During this period, the token becomes equal to or greater than the Min Coin Age. Mining There are two methods that PosToken are mined under the Pops mining procedure. First by sending a transaction to your address. Any amount of coin is acceptable. The second step is using MyEtherWallet.com, Mist and any other software to execute a mint function.

The software must be able to interact with contracts to execute the mint function. Query tools If you are not sure of your current interest or account’s coinage, you can execute one of these functions: • Annual interest: return current annual interest • Coinage: return coinage of your account. The return of annual interest or coinage means that your current token in your account does not meet the min coinage and annual interest for now. How much does PosToken cost?

PosToken is free. The only thing that users need to do to become a token holder is to sign up for the airdrop. Mining of the PosToken requires a great deal of computing power to unlock the computational challenges. The Computing power need translates to the high amount of electricity power with means miners need to sell their awarded coins to foot the electricity bill.

CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners. BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. You can start using the decentralized exchange now at The difference between Centralized and Decentralized With a centralized exchange, the exchange holds the private keys to your assets, and therefore you are at risk from anything that happens to the exchange.

Look at what happened with Mt. Gox, for example, where it was hacked and people lost a lot of Bitcoin. That happened because the exchange owned the private keys. Currently, most major exchanges are centralized but new decentralized exchanges like CryptoBridge are becoming more popular. The main innovation is the elimination of a single point of failure when trading cryptocurrencies online due to its decentralized nature and the use of a multi-signature federated gateway software used by a dozen trusted gateways, operating on multiple continents, enabling trust-reduced issuing and withdrawing of the supported coins. Supports Popular Altcoins CryptoBridge supports trading of most popular altcoins.

The target audience for Cryptobridge are altcoin traders trading on centralized cryptocurrency exchanges which are riddled with performance problems and can be subject to thefts, manipulation, hacking incidents or government takedowns. These problems are solved by the decentralized blockchain based order book and the multi-signature federated gateway network. No central point of failure There is no central point of failure.

All deposits, withdrawals and all order books are transparently stored on the blockchain. The client will still be able to deposit, withdraw and trade coins even in the event CryptoBridge goes out of business. Each client holds the private keys to their coins. CryptoBridge has no access to the client’s funds. Ultrafast blockchain The blockchain behind the decentralized exchange, graphene, can process up to 100,000 transactions per second and has an average confirmation time of just 3 seconds. DigiByte DGB Mining Gh S. CryptoBridge Fees Explained As a decentralized exchange(DEX) we made the logical choice of building out our platform on top of the battle-tested Bitshares blockchain. The blockchain behind the CryptoBridge exchange, graphene, can process up to 100,000 transactions per second and has an average confirmation time of just 3 seconds.

In a decentralized exchange all transactions are stored on the blockchain and as a result, a fee is associated with each action to be processed by the blockchain. • Staking fee ( varies) • This fee is charged to create a a stake( also know as vesting_balance_create ) on the blockchain. The value of the fee charged is determined by the BTS Committee. The current fee is approximately 61 BTS. As BCO price increases relatively to BTS, CryptoBridge are able to reduce the number of BCO required to be converted to pay the staking fee to create a staking position on the blockchain.

• Trading fee (0.2%) • Like all exchanges, the fee charged when a user makes a trade on the DEX • Gateway withdrawal fee • This is a fee that is charged to withdraw from the DEX and to ensure that it is processed on the destination blockchain. For example, the fee to withdraw BTC might vary or be adjusted to ensure that the transaction is confirmed when sent and not stuck in an unconfirmed state. We believe that Cryptobridge is part of a growing trend of decentralization of exchanges and that traders prefer controlling their own keys.

The enhanced security and decentralized nature make Cryptobrige a great choice for your trading. Start trading here: – EOT Coin Blog Comment Bounty – Get 100 EOT free – Leave a comment below, share it on twitter and post the link on a forum and we will send you 100 EOT – Post your EOT Coin Wallet address, tweet and forum link in the comments below First 50 people qualify [maybe more???? ] leave your questions and comments below.