ETHERPOS Review
ETHERPOS
etherpos.io
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Their Official site text:
Welcome to ETHERPOS
ETHERPOS uses an algorithm that is safe for Everyone and creates a new ETHERPOS in the process.
ETHERPOS is a technology that hosts digital money, global payments and applications. The community has built a thriving digital economy, a bold new way for content creators to make money online, and more. It's open to everyone, wherever you are – all you need is internet.
ETHERPOS is a crypto token that runs entirely on the Binance Smart Chain (BSC), then ETHERPOS conforms to the most advanced smart contract protocol standards.
ETHERPOS is inspired by using a technical protocol similar to Ethereum. Proof-of-stake protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to the number of their holdings in the associated cryptocurrency. This is done to avoid the computational costs of the proof-of-work scheme.
Why Stake your ETHERPOS?
Get Rewards
New ETHERPOS REWARDS by staking and also help to create new supply of tokens.
Better Security
The network becomes more robust against attacks as more ETHERPOS is at stake.
More Sustainable
Stakers do not need energy-intensive computers to participate in a proof-of-stake system.
How to Stake Your ETHERPOS
A simple way to participate, We make it simpler, just by having some ETHERPOS tokens and an NFT Card, you can Stake and create new ether tokens on the network.
About ETHERPOS
A concept that translates into a simple earning flexible program.
In a market saturated with such projects now, and with limited research time, many people might reasonably give their ETHERPOS clearance without much thought.
Seeing a name and logo similar to the famous Ethereumâ„¢ and one might assume that this is some kind of dummy project trying to cash in on ETH'success.
But some, like you, decide to dive deeper, and they find some interesting facts that dispel those initial doubts. Their journey down the rabbit hole began when they learned that ETHERPOS was not a clone of Ethereumâ„¢.
ETHERPOS is a crypto token that runs fully on Binance Smart Chain (BSC), then ETHERPOS complies with the most advanced smart contract protocol standards.
Proof Of Stake ETHERPOS
Now, how much capital do people want to lock up for a $1 per day reward? Unlike ASICs, stored coins do not depreciate, and when you are done staking, you get your coins back after a short delay. Therefore, participants must be willing to pay a much higher cost of capital for the same amount of prizes.
Let's assume that ~15% rate of return is enough to motivate people to gamble (that's the expected return on ether), You have enough time to earn 15% of ether returns before the halving occurs.
In the long term, staking becomes more efficient and people become comfortable with lower returns. I personally hope this figure will eventually rise to around $1000.
Note that the only "cost" in getting to this level of security is the inconvenience of not being able to move your coins around as you please while you are staking. It might even be public knowledge that all these coins are locked up causes the value of the coins to go up, so that the total amount of money circulating in society, ready to make productive investments etc, stays the same! Whereas in PoW, the "cost" maintains the consensus is real electricity burned in enormous amounts.
What is halving in ether
Halving in ether only applies to STAKING contracts so don't worry, based on the smart contract we created, the halving will occur when 100 blocks are obtained from the staking contract of each validator.
Example :
Jhon stakes on December 1, 2022, Jhon will get a block prize every 192 hours or around December 8, 2022 (this is Jhon's first Block prize) and goes straight to the wallet.
John has the right to get 100 block rewards of 15%/month from the amount staked by John, after the block reward reaches 100 then John will no longer get 15%/month but will get 7.5%/month on blocks 101 to 200 and so on.
The conclusion is that every validator has the same opportunity because the block reward is calculated based on when the block starts for each validator.
Knowledge Base
ETHERPOS's greatest strength lies in its philosophy and principles, which can be propagated even without billion dollar marketing because its value is self-evident, and brilliant minds are drawn towards it.
There is no way to compete traditionally with billion dollar budget VC backed blockchains in the short term. The projects are sure to attract immediate attention, but this reliance on centralized funding and direction comes at the expense of long-term sustainability.
As the good news of ETHERPOS spreads, and people understand more and more the true value of blockchain, ETHERPOS will continue to deliver the Original Vision of "Build Unstoppable Applications" and will become quietly, steadily but surely more useful and valuable, without a central budget seen.
This section contains a selection of contributions from community members who are the source of ETHERPOS's power, providing intelligence and philosophical arsenal that can be used in the battle to win hearts and minds.
ETHERPOS presents a unique investment opportunity as it is one of the few truly neutral token projects. The protocol treats all participants equally. This means that if you buy ETHERPOS, you are contributing directly to network security, and no central organization benefits disproportionately from this contribution.
ETHERPOS Vision:
How ETHERPOS will become a successful computing platform and make an impact in the world of extraordinary stores of value.
Compared to other tokens whose development is guided by corrupt centralized institutions, ETHERPOS is a set of principles designed to shepherd decision-making in a way that maximizes ETHERPOS's longevity. As an idea, he is invulnerable to many forms of attack, strong, and stands the test of time.