/biz/ - Business & Finance

>>14920752
>I can guarantee you that there will be a small amount of pools with a majority of the power.
wrong again. you think this has not been solved? by tweaking rewards payout rates to be maximized for pools of a certain size with diminishong returns for pools having more or less than the ideal number, you create a financial incentive for pool sizes to be as large ir small as is ideal for the protocol. they can tune it for 100 pools or 1000 pools or 10,000 pools or 5,612 pools.

>>14897093
dividends. but if you buy a proof of stake crypto like cardano - staking coming out this year and is near zero effort, then your 200k goes much farther. Cardano will hit $1-2 USD and stay there when Shelly (proof of stake) launches and you can continuously cash out your 3-5% staking rewards. your initial will then be worth between 3-6 million USD and since you aren't selling the initial stack you don't have to hand over 40% to the govt as tax. then you just pay tax on your staking rewards ... aka dividends. pic related is the prototype interface mockup on the official light client browser plugin wallet >>14897093
dividends. but if you buy a proof of stake crypto like cardano - staking coming out this year and is near zero effort, then your 200k goes much farther. assuming cardano hits $0.50- $1 (conservative) then you're already at 100k per year in staking rewards. $2 USD per ADA with staking + smart contracts (also this year) and you're living big for life. you can continuously cash out your 3-5% staking rewards. your initial will then be worth between 1.5 -6 million USD and since you aren't selling the initial stack you don't have to hand over 40% to the govt as tax. then you just pay tax on your staking rewards ... aka dividends. you can delegate your stake from a cold wallet and still stake with zero ZERO risk. you still control your funds 100% of the time. if the staking pool you delegate to doesn't perform you only lose potential rewards not your initial stake. the protocol itself deluvers your rewards so there is zero chance for the staking pool to screw you over reward-wise.
>pic related is staking interface mockup for the official browser wallet
https://staking.cardano.org
https://cardanoroadmap.com/shelley/
https://youtu.be/mNcsdAPKRN0
https://m.youtube.com/user/charleshoskinson

>>14803949
https://cardanoroadmap.com
pic related --> mockup of staking UI for Yaroi (cardano's official light client browser plugin wallet). Shelly (POS - currently in phase 1 testnet) and Gougen (Smart Contracts) coming this year. Sharding with Ouroboros Hydra and Ouroboros Kronos (eliminates need for staking nodes to have access to outside time info - blockchain generates its own timekeeping mechanism) this year or early next.