common-close-0
BYDFi
Trade wherever you are!

What are the top proof of stake coins for 2017?

avatarRepzitdDec 25, 2021 · 3 years ago3 answers

Can you provide a list of the best proof of stake coins for the year 2017? I'm interested in investing in cryptocurrencies that use the proof of stake consensus algorithm.

What are the top proof of stake coins for 2017?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure, here are some of the best proof of stake coins for 2017: 1. Ethereum (ETH) - The second largest cryptocurrency by market capitalization, Ethereum is planning to transition from proof of work to proof of stake in the near future. 2. Cardano (ADA) - A blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. 3. Tezos (XTZ) - A self-amending blockchain platform that allows stakeholders to vote on proposed protocol upgrades. 4. NEO (NEO) - Often referred to as the 'Chinese Ethereum,' NEO uses a delegated Byzantine Fault Tolerance consensus mechanism. 5. Qtum (QTUM) - A hybrid blockchain platform that combines the security of Bitcoin's UTXO model with the smart contract capabilities of Ethereum. Please note that this list is not exhaustive and there are many other promising proof of stake coins available in the market.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! Here are some of the top proof of stake coins for 2017: 1. Ethereum (ETH) - The second largest cryptocurrency by market capitalization, Ethereum is planning to transition from proof of work to proof of stake in the near future. 2. Cardano (ADA) - A blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. 3. Tezos (XTZ) - A self-amending blockchain platform that allows stakeholders to vote on proposed protocol upgrades. 4. NEO (NEO) - Often referred to as the 'Chinese Ethereum,' NEO uses a delegated Byzantine Fault Tolerance consensus mechanism. 5. Qtum (QTUM) - A hybrid blockchain platform that combines the security of Bitcoin's UTXO model with the smart contract capabilities of Ethereum. Please note that this list is not exhaustive and there are many other promising proof of stake coins available in the market.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can provide you with a list of the top proof of stake coins for 2017. Here they are: 1. Ethereum (ETH) - The second largest cryptocurrency by market capitalization, Ethereum is planning to transition from proof of work to proof of stake in the near future. 2. Cardano (ADA) - A blockchain platform that aims to provide a secure and scalable infrastructure for the development of decentralized applications. 3. Tezos (XTZ) - A self-amending blockchain platform that allows stakeholders to vote on proposed protocol upgrades. 4. NEO (NEO) - Often referred to as the 'Chinese Ethereum,' NEO uses a delegated Byzantine Fault Tolerance consensus mechanism. 5. Qtum (QTUM) - A hybrid blockchain platform that combines the security of Bitcoin's UTXO model with the smart contract capabilities of Ethereum. Please note that this list is not exhaustive and there are many other promising proof of stake coins available in the market.