Editor | Lu Xiaoming

Editor | Lu Xiaoming

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PoS will be the future development trend

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Three criteria for choosing a PoS coin

Khaos, the representative of CoinInn Asia, said that when choosing a PoS coin, there are three core criteria that need to be paid attention to:

1. Judging the degree of expansion and the consensus mechanism;

2. What is the income of PoS coins;

3. How to stake the token.

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Blockchain engulfs the financial sector

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The following is the original text of Khaos’ speech:

Dear guests, good morning everyone, I am very glad to be able to participate in the Staking Conference organized by Odaily and Block Rhythm.

In fact, like every project party that comes, we are very optimistic about the PoS ecology. We judge that in the future, except for Bitcoin, which will use the PoS consensus, all coins will use PoS. This consensus is relatively strong in foreign developer communities and some fan communities. There are still some disputes about PoW and PoS in China, because it has a certain relationship with the domestic market environment.

So what do users need under such a major trend change? Next, I will start with three questions and talk about our judgment. The first is which one to buy. With so many excellent coins, which one should users buy? This is the most common question; the second question is where to buy; the third question is why choose coin silver?

First of all, we need to choose a valuable currency, and there are three factors to consider.

First, is this coin valuable? You have to judge its inflation mechanism and fundamentals; the second is whether the income is high or not, and whether the income is high or not is definitely an important condition for me to choose this currency, and the third is how I can stake and earn interest after I get this currency. Only by understanding these issues can we ensure that we can buy reliable coins.

So which platform can solve the above three problems?

I believe everyone thinks of the exchange first, but it is not. There are two reasons: the first is that the exchange will not tell you what to choose? This is normal, all the coins are listed there, I just tell you its prices and fluctuations in real time; second, the advantages of PoS coins cannot be reflected in traditional exchanges, and they will not tell you when you go to buy Currency can earn interest, he won't tell you this is better.

So we launched Coin Silver, our positioning is the world's first PoS minting platform, and has the following five characteristics:

first major. We have made a review of 90+ PoS coins around the world, looking for the PoS coins with the most investment value from the four dimensions of currency potential, inflation health, yield rate and mining difficulty. All our data comes from In the white paper and on the chain, a professional calculation model is adopted to give you as professional advice as possible.

Second convenience. After Biyin purchases PoS coins, interest will be sent automatically without any operation.

The third income is flexible. You can choose to mint local currency or bitcoin. For example, if you buy VSYS and choose to mint BTC, then we will convert the VSYS interest into BTC for you.

Fourth highest yield. We support automatic reinvestment, no matter whether the currency supports reinvestment or not, as long as you buy coins from us, we will reinvest the interest every day to give you the highest income. The income that ordinary users get from us will be Higher income than nodes.

The last one is safe. The coins here are not locked, and can be transferred or sold at any time; in addition, we have passed the security audit of PricewaterhouseCoopers and have done a very complete audit of the project.

Having said so much, let's look at a specific example.

IOST is a coin that we are about to launch. We can give you 16% of the income. The highest income given by the nodes on their chain is about 15%-16%, but the interest is paid every quarter, while the currency is paid every day. Send interest; the second is to cancel the unlocking time of minting coins. If you don’t want to mint coins at the IOST node, you can move your coins after seven days, but you are unlocked in real time on the currency bank side, without any lock-up period; and we support interest The automatic reinvestment will earn you more interest.

The same is true for VSYS. The revenue from Coin Silver exceeds the revenue of all nodes. At the same time, we support daily unlocking, automatic coin minting and reinvestment.

Of course, the most important thing is the price. The prices of IOST and VSYS on Coinbank and all exchanges are in real time parity. At the same time, we do not charge any handling fees.

For PoS, everyone needs a PoS exchange even more, and such a platform must be Coinbank. We ultimately hope that users’ staking in Biyin is like depositing money in a bank. Everyone will go to Biyin when they think of PoS coins.

Many excellent project parties and nodes came to the scene. If you want to cooperate with us, you can contact me personally or send an email to BD@Coininn.com. We look forward to your cooperation.

Finally, let’s sum it up in one sentence. Blockchain swallows finance. Anderson, the founder of Netscape, once said that software swallows the world. Now this sentence has become a reality, so what exactly is blockchain revolutionizing? Is it e-commerce, agriculture, or the Internet? Our judgment is that in the financial industry, blockchain will swallow up finance first, and PoS coins must be the leader among them. I believe that the project parties present here must be the backbone of this transformation. Thank you!