Why Proof of Stake?
An environmentally friendly and secure choice.Proof of Stake offers a more secure overall network and each VIP transaction must be double verified by a random staker and masternode as well as being confirmed 101 consecutive times by contributors. An attacker would need to own 70.7% of staked coins for a 50% chance of double spending or invalidating a single block. A successful PoS attack would greatly devalue the attacker’s assets when discovered. Whereas, a successful PoW attack may cost an attacker only electricity. VIP staking can also be decentralized amongst all of its users and cannot be traced by electricity use, whereas, mining is concentrated within regions where electricity is cheaper. Another.