Good day trader
Good day investor.
And good day new comers......
Cryptocurrency, very interesting to see in the future when the whole world has legalized it.
on this occasion I will discuss a little other side of the consensus on the blockchain that carries a proof of stake pattern and one of the new project on my Radar who carries that pattern.
Proof-of-Stake (PoS) is an alternative method of Proof-of-Work (PoW) in mining Cryptocurrency. Like PoW, PoS aims to reach consensus and avoid Double Spending cases in Cryptocurrency transactions. Unlike PoW, this method does not require the process of breaking the code in creating blocks, but is based on a percentage of preexisting coins. The greater the amount of coins a Miner has, the greater the coin he can produce.
NDAU, The World’s First Buoyant Virtual Currency comes with that protocol.
They offer simple staking method by holding Coin on their own wallet and already have android and ios apk on app store.
What makes an interesting proof of stake pattern here is because the total supply is only 30 million that is very ideal suply base of my mind to survive in crypto curency.
But how are investors interested in staking coins? aren't there many projects that offer staking rewards?
Yap,thats correct.if a project only offer a staking reward without make a big demand of a Coin then the project will not survive.
But lets check NDAU
The first 10 million ndau (the initial phase of 30 million total reserve), are issued at a price that increases by 0.0971% with every new 1,000 units. One of ndau’s monetary policy tools is Ecosystem Alignment Incentives (EAI) to help promote stability. The longer ndau is held, the larger the incentive.
NDAU vision is Overcomes the top barriers to long-term holding of digital assets.
A decentralized, trusted ecosystem where ndau holders digitally self-govern by:
Reduced Volatility
Applies monetary policy, embedded within its blockchain, to mitigate price volatility.
Resilient Governance
Governed by the Blockchain Policy Council, with regularly elected delegates that oversee operations and ndau’s monetary policy.
Robust Security
Includes a multisignature wallet, recovery safeguards, dispute resolution and property rights.
Demand Driven Supply
New ndau issued along pre-determined price curve only when demand exceeds supply and pushes market price to the next designated price level.
Incentives to Hold
Efficient Proof-of-Stake consensus with ecosystem incentives that increase the longer ndau is held and locked.
Non-Profit Endowment
All net proceeds are held in an endowment, maintained by the non-profit Axiom Foundation, to help stabilize ndau and implement its monetary policy.
Clear mission and vision with a big support.I am sure this project will success.
Once world hear about this project then success will gain.
Big promotion,listed on various exchange will spread the world.
I already invest here,yo can also buy some on bitmart exchange
https://www.bitmart.com/trade/en?symbol=XND_USDT
Learn more at https://ndau.io
Learn and help spread the world about NDAU and claim your free NDAU
http://bit.ly/ndau-nlighten
"The article is based on my own objective analysis of ndau and was subsequently submitted to its nlighten program
