List of Proof of Stake (POS) Cryptocurrencies
Check out this list of all major Proof of Stake Cryptocurrencies with their numbers and learn a bit about what it means for a crypto coin to be Proof of Stake.
Proof of Stake and the Importance of Masternodes
Proof of stake is a way to validate transactions and achieve distributed consensus. A trustless and distributed consensus system is one where you can send and receive money without having to trust or depend on third-party services because users can directly verify the information.
Proof of Stake is an algorithm that has the same purpose of Proof of Work’s but has a different process to reach the same goal. Proof of Work’s algorithm rewards miners who solve the mathematical problems in order to create new blocks and validate transactions. Proof of Stake’s algorithm chooses the creators of new blocks in a deterministic way, which depends on their wealth, also referred as ‘stake’.
In a PoS system doesn’t exist block rewards because all digital currencies were previously created in the beginning. So this means that Miners, called Forgers instead, only take the transaction fees.
What about Masternodes?
Masternodes are nodes that run the same wallet software on the same blockchain, but they provide additional services to the cryptocurrency network such as voting system and immutable proposal, decentralized budgeting system, decentralized governance, instant transactions, and increased privacy.
Masternodes are paid for providing these services, the payment is a portion of reward for each block. This results in a passive income for masternodes owners minus their running cost.
This is the list of all major Proof of Stake Cryptocurrencies:
ArticCoin (ARC)
Market Cap: $774,742 as of July 16th of 2017
Website: https://arcticcoin.org/en-EN
BitcoinDark (BTCD)
Market Cap: $46,998,231 as of July 14th of 2017
Website: http://bitcoindark.com/
Bitcrystals (BCY)
Market Cap: $7,358,512 as of July 14th of 2017
Website: http://bitcrystals.com/
BitShares (BTS)
Market Cap: $317,501,571 as of July 14th of 2017
Website: https://bitshares.org/
BitSwift (SWIFT)
Market Cap: $1,987,947 as of July 14th of 2017
Website: http://bitswift.io/
BlackCoin (BLK)
Market Cap: $17,091,140 as of July 11th of 2017
Website: http://www.blackcoin.co/
Blocknet (BLOCK)
Market Cap: $17,301,846 as of July 14th of 2017
Website: http://blocknet.co/
Breakout (BRK)
Market Cap: $1,572,464 as of July 14th of 2017
Website: http://breakoutenterprise.com/
Capricoin (CPC)
Market Cap: $354,714 as of July 14th of 2017
Website: http://capricoin.org/
ChainCoin (CHC)
Market Cap: $60,006,487 as of July 13th of 2017
Website: http://www.chaincoin.org/
Clams (CLAM)
Market Cap: $7,953,461 as of July 14th of 2017
Website: http://clamcoin.org/
CloakCoin (CLOAK)
Market Cap: $19,777,369 as of July 14th of 2017
Website: https://www.cloakcoin.com/
Crave (CRAVE)
Market Cap: $4,404,887 as of July 14th of 2017
Master Nodes: http://crave.masternode.tk/
Min Coins for Master Node: 500
US$ Cost for Master Node: $55
Website: http://www.craveproject.com/
Crown (CRW)
Market Cap: $13,401,766 as of July 13th of 2017
Master Nodes: http://crown.tech/trons
Min Coins for Master Node: 10,000
US$ Cost for Master Node: $9,322
Website: http://crown.tech/
Dash (DASH)
Market Cap: $1,272,739,858 as of July 13th of 2017
Master Nodes: http://dashmasternode.org/what-is-a-masternode/
Min Coins for Master Node: 1000 DASH
US$ Cost for Master Node: $171,440
Website: https://www.dash.org/
Diamond (DMD)
Market Cap: $4,640,194 as of July 11th of 2017
Website: http://bit.diamonds/
EverGreenCoin (EGC)
Market Cap: $1,544,978 as of July 14th of 2017
Website: http://evergreencoin.org/
ExclusiveCoin (EXCL)
Market Cap: $2,613,857 as of July 13th of 2017
Master Nodes: http://exclusivecoin.pw/
Min Coins for Master Node: 5,000
US$ Cost for Master Node: $3,153
Website: http://exclusivecoin.pw/
Factom (FCT)
Market Cap: $134,895,858 as of July 14th of 2017
Master Nodes: Not yet
Website: http://factom.org/
Fluttercoin (FLT)
Market Cap: $226,043 as of July 14th of 2017
Website: http://www.fluttercoin.us/
HyperStake (HYP)
Market Cap: $1,297,883 as of July 13th of 2017
Website: http://hyperstake.io/
I/O Coin (IOC)
Market Cap: $12,209,122 as of July 14th of 2017
Website: http://iocoin.io/
Lisk (LSK)
Market Cap: $173,152,993 as of July 14th of 2017
Website: https://lisk.io/
Magi (XMG)
Market Cap: $671,583 as of July 11th of 2017
Website: http://coinmagi.org/
Mintcoin (MINT)
Market Cap: $3,518,373 as of July 11th of 2017
Website: http://www.mintcoinofficial.com/
MonetaryUnit (MUE)
Market Cap: $8,113,000 as of July 13th of 2017
Master Nodes: MasterNode ROI
Min Coins for Master Node: 500,000
US$ Cost for Master Node: $32,364
Website: http://www.monetaryunit.org/
NAV Coin (NAV)
Market Cap: $11,381,977 as of July 14th of 2017
Website: http://www.navcoin.org/
Neutron (NTRN)
Market Cap: $3,226,281 as of July 14th of 2017
Master Nodes: Neutron Node
Min Coins for Master Node: 25,001
US$ Cost for Master Node: $2,746
Website: http://www.neutroncoin.com/
NobleCoin (NOBL)
Market Cap: $363,742 as of July 14th of 2017
Website: https://www.noblemovement.com/
Nxt (NXT)
Market Cap: $76,660,761 as of July 14th of 2017
Website: https://nxt.org/
OKCash (OK)
Market Cap: $7,605,914 as of July 11th of 2017
Website: http://okcash.co/
Omni (OMNI)
Market Cap: $17,610,000 as of July 11th of 2017
Website: http://www.omnilayer.org/
Paycoin (XPY)
Market Cap: $114,199 as of July 11th of 2017
Website: http://www.paycoin.com/
Peercoin (PPC)
Market Cap: $46,997,257 as of July 13th of 2017
Website: http://www.peercoin.net/
PIVX (PIVX)
Market Cap: $104,674,244 as of July 13th of 2017
Master Nodes: https://pivxmasternode.org/what-is-a-masternode/
Min Coins for Master Node: 10,000
US$ Cost for Master Node: $19,400
Website: http://www.pivx.org/
Primecoin (XPM)
Market Cap: $6,109,151 as of July 14th of 2017
Website: http://primecoin.io/
ReddCoin (RDD)
Market Cap: $35,633,208 as of July 13th of 2017
Website: http://www.reddcoin.com/
Rimbit (RBT)
Market Cap: $147,091 as of July 14th of 2017
Website: http://www.rimbit.com/
Rubycoin (RBY)
Market Cap: $8,761,532 as of July 14th of 2017
Website: http://www.rubycoin.org/
SolarCoin (SLR)
Market Cap: $5,049,028 as of July 14th of 2017
Website: http://solarcoin.org/
Stealthcoin (XST)
Market Cap: $457,174 as of July 14th of 2017
Website: https://www.stealth-coin.com/
Stellar Lumen (XLM)
Market Cap: $170,674,409 as of July 14th of 2017
Website: https://www.stellar.org/
Steps (STEPS)
Market Cap: $24,649 as of July 14th of 2017
Website: https://altcoinsteps.com/
Sterlingcoin (SLG)
Market Cap: $131,248 as of July 14th of 2017
Website: http://sterlingcoin.org.uk/
Syndicate (SYNX)
Market Cap: $1,785,866 as of July 16th of 2017
Master Nodes: http://syndicatelabs.io/#specs
Min Coins for Master Node: 5,000 SYNX
US$ Cost for Master Node: $792
Website: http://syndicatelabs.io/
TransferCoin (TX)
Market Cap: $1,641,312 as of July 13th of 2017
Master Nodes: TX Nodes
Min Coins for Master Node: 10,000
US$ Cost for Master Node: $2,721
Website: http://txproject.io/
