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RE: OmiseGO (OMG) will have PoS "very soon" - Staking rewards for validating transactions 💱 - Updated roadmap coming next week 👏

in #cryptocurrency • 7 years ago

I definitely support the OMG project. One thing I do not fully understand about PoS is the staking process.

Can anyone with the token stake them and claim rewards?

I keep hearing that in order to "stake," one needs to create a masternode of like 10,000 tokens. For the average investor, 10,000 tokens is basically an unobtainable pipe dream as it typically equates to tens (if not hundreds) of thousands of dollars.

Not sure if you can answer that question or not but if you can I'd appreciate your insight :)

7 years ago in #cryptocurrency by
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