RE: Proof of Stake Wallet (POSW) has Unveiled an Ambitious Roadmap and New Website - Looks great from both a Fundamental and Technical Point of View
hey thats pretty cooL! i have a POW wallet but they got hacked, or had a "breach" so they told me to withdraw my coins!had to withdraw the POW wallet coin to Cryptopia as it was only exchange i had that accepted the POSwallet coins! i sold the like $#1 worth of poswallet for litecoin,
iu had a bunch of cool POS coins but they all had to be "liquidated" and they gave me poswallet for em, out of safety io guess, i hope they fix security, i mean i didn't lose any money, i just had to loose the coins i had like reddcoin etc, i had a bunch they made me sell em, and withdraw, i hope POS or proof of STAKE gets REAL big!
i know steem blockchain is a DELEGATED proof of STAKE so its a form of proof of stake or related to proof of stake in a way
anyway i love stee,it its not too good to be true because lots of talented people work hard to make it come true
Indeed . . STEEM is a form of proof of stake. A great system, really. That's why we are all still here!
As far as POSW, from what I understand, the issues with security have all been resolved and registration will reopen on the 1st of October. The team worked quite hard to make sure that coins were returned to their owners.
Any funds that were transferred out were replaced by the PoSW team. We must always be diligent about security! I am glad that you did not lose any coins.
POS coins are wildly popular right now. This will allow a user to have one area to stake them all, rather than keeping track of a bunch of wallets on their home pc.