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Home Crypto DeFi Interest Rates Proof of Stake Coins

List of All Proof of Stake (POS) Coins
May 2022

Proof of Stake is a consensus mechanism for blockchains. Proof of Stake stands out as a lighter system compared to Proof of Work. PoS requires less computing power with high security standards.
Symbol Coin Name Price 7 Day Chart Best Savings Rate
Cardano logo ADA
Cardano
$0.51
-8% arrow down 24 Hr
Buy
Go
10%
APY
Solana logo SOL
Solana
$48.76
-9.2% arrow down 24 Hr
Buy
Go
10%
APY
Algorand logo ALGO
Algorand
$0.40
-10.2% arrow down 24 Hr
Buy
Go
4.8%
APR
Tezos logo XTZ
Tezos
$2.04
-2.3% arrow down 24 Hr
Buy
Celo logo CELO
Celo
$1.28
-7.4% arrow down 24 Hr
Buy
Mina logo MINA
Mina
$0.99
-5.8% arrow down 24 Hr
Buy
Go
16%
APR
Cartesi logo CTSI
Cartesi
$0.18
-2.1% arrow down 24 Hr
Buy
LTO Network logo LTO
LTO Network
$0.10
-9% arrow down 24 Hr
Buy
BTS
BitShares
$0.01
-11.3% arrow down 24 Hr
Buy
VEGA
Vega Protocol
$1.74
-5.1% arrow down 24 Hr
Details
OXEN
Oxen
$0.43
-2% arrow down 24 Hr
Buy
PAC
PAC Protocol
$0.00
-2.3% arrow down 24 Hr
Details
PZM
PRIZM
$0.00
4.7% arrow up 24 Hr
Details
XEP
Electra Protocol
$0.00
-7.7% arrow down 24 Hr
Buy
PIVX
PIVX
$0.12
-9% arrow down 24 Hr
Buy
Go
0.5%
APY
VAL
Validity
$1.65
-5.4% arrow down 24 Hr
Buy
NAV
Navcoin
$0.08
-15.5% arrow down 24 Hr
Buy
PART
Particl
$0.52
-3.7% arrow down 24 Hr
Buy
DAPS
DAPS Coin
$0.00
-4.5% arrow down 24 Hr
Details
GHOST
Ghost
$0.22
-9.5% arrow down 24 Hr
Details
SUTER
suterusu
$0.00
-8.8% arrow down 24 Hr
Details
VITAE
Vitae
-8.1% arrow down 24 Hr
Details
NXT
Nxt
$0.00
-0.4% arrow down 24 Hr
Buy
ENQ
Enecuum
$0.02
-7.4% arrow down 24 Hr
Details
OTO
OTOCASH
$0.09
-0% arrow down 24 Hr
Details
FLG
Folgory Coin
$0.17
-4.6% arrow down 24 Hr
Details
MRX
Metrix Coin
$0.00
-3.3% arrow down 24 Hr
Details
GRC
Gridcoin
$0.01
-4.3% arrow down 24 Hr
Details
XHI
HiCoin
$0.00
-4.5% arrow down 24 Hr
Details
BIS
Bismuth
$0.05
-26.4% arrow down 24 Hr
Details
BLK
BlackCoin
$0.02
-4.4% arrow down 24 Hr
Buy
BLKC
BlackHat
$0.15
-3.9% arrow down 24 Hr
Details
SONO
SonoCoin
$0.04
-0% arrow down 24 Hr
Details
FYD
FYDcoin
$0.00
2.5% arrow up 24 Hr
Details
CRW
Crown
$0.02
5.1% arrow up 24 Hr
Buy
XBC
Bitcoin Plus
$1.92
11.3% arrow up 24 Hr
Details
ATMOS
Atmos
$0.00
-4.5% arrow down 24 Hr
Details
ZENI
Zennies
$0.00
-4.5% arrow down 24 Hr
Details
DCT
DECENT
1.2% arrow up 24 Hr
Details
UNI
Universe
-6.2% arrow down 24 Hr
Details
FREED
Freedomcoin
$0.02
-1.2% arrow down 24 Hr
Details
RBIES
Rubies
$0.01
-4.5% arrow down 24 Hr
Details
ION
ION
$0.02
37.5% arrow up 24 Hr
Details
EXCL
ExclusiveCoin
$0.02
33% arrow up 24 Hr
Buy
XLR
Solaris
$0.06
-5.4% arrow down 24 Hr
Details
MOJO
MojoCoin
$0.01
-4.5% arrow down 24 Hr
Details
ASAFE
AllSafe
$0.01
3.2% arrow up 24 Hr
Details
LCP
Litecoin Plus
$0.02
-3% arrow down 24 Hr
Details
XPY
PayCoin
$0.00
-4.5% arrow down 24 Hr
Details
POST
PostCoin
$0.00
-4.5% arrow down 24 Hr
Details
USNBT
NuBits
$0.00
0% 24 Hr
Details
VIDZ
PureVidz
$0.00
-4.5% arrow down 24 Hr
Details
GCR
Global Currency Reserve
$0.00
-4.5% arrow down 24 Hr
Details
DFT
DraftCoin
$0.00
-0.1% arrow down 24 Hr
Details
DONU
Donu
$0.00
-4.4% arrow down 24 Hr
Details
CAB
Cabbage
$0.00
-4.5% arrow down 24 Hr
Details
ICON
Iconic
$0.01
-4.5% arrow down 24 Hr
Details
NLC2
NoLimitCoin
$0.00
-4.3% arrow down 24 Hr
Details
ALIAS
Alias
$0.04
-13% arrow down 24 Hr
Details
RBY
Rubycoin
$0.07
-15.7% arrow down 24 Hr
Details
MINT
MintCoin
$0.00
-4.4% arrow down 24 Hr
Details
ECC
ECC
$0.00
-4.4% arrow down 24 Hr
Details
AV
AvatarCoin
$0.03
-4.4% arrow down 24 Hr
Details
ACES
Aces
$0.00
-4.4% arrow down 24 Hr
Details

Proof of Stake Coins

POS is a type of algorithm by which a cryptographic blockchain network is aimed at achieving distributed consensus. In POS-based cryptocurrencies, the one that forms the next block is chosen through random selection and various combinations of wealth or shares. Instead of a system based on POS computing power, it is a protocol that takes into account digital asset ownership. the POS protocol, presented in an article published by the developers of the blockchain Sunny King and Scott Nadal in 2012, is focused on eliminating the high energy consumption and some other problems necessary for Bitcoin mining. Peercoin was the first cryptocurrency to employ POS technology.

In the Proof of Stake protocol, users who want to be able to verify transactions and receive a share of income must lock their cryptocurrency assets to be used for verification. In this locking process, called "staking", the amount required to be used for this operation in the wallet cannot be withdrawn from the wallet until the lock is removed, this is identified as the user's share on the network. In blockchains using the proof of stake protocol, users share block verification rewards and transfer fees paid by other users (miner fees) in proportion to their shares. We can lien this process to owning shares of a publicly-traded company. In the same way that people who own more shares receive a higher share of the profits distributed by the company, users who allocate more cryptocurrency resources for staking also receive a higher share of the revenue.

The most prominent feature of Proof of Stake is that it puts capital power at the forefront instead of computational power. For this reason, it is necessary to have an asset to be stowed instead of starting to process by running a piece of equipment. In the POS protocol, a user who holds more cryptos in his hands can also increase his power on the network. The verification process is based on some rules. Users with more assets in their wallets are increasingly likely to become validators. The POS protocol is based on the fact that wallet owners earn by confirming transactions. The user with more assets receives a larger share of the revenue. But it is worth noting that this does not work the same way on all types of POS.

The Proof of Stake protocol, which highlights the asset ownership of users, has evolved over time and has started to be offered with different options. Delegated Proof of Stake (DPoS) and Leased Proof of Stake (LPoS) are the most prominent POS types. DPoS takes advantage of the power of stakeholders to resolve consensus by voting fairly. It uses a social reputation system to achieve consensus in the blockchain social network. DPoS, which is called the least decentralized protocol compared to others, aims to ensure that cryptocurrency holders have a say in the management of the network. On the other hand, in the LPoS protocol, users are allowed to rent a certain percentage of an entire node. This system works exactly like POS, but it also uses a leasing method to provide an incentive for participation to users who hold a small number of assets. Waves are the most well-known of the cryptocurrency units in the LPoS protocol.

In our previous blog, we discussed POW coins. In this article, we have also mentioned POS coins, and now let's look at the differences between the two. In the simplest terms, Proof of Work and Proof of Stake algorithms are two different ways to generate cryptocurrency. They are required to confirm transactions on a blockchain without the need for a third party. The difference between the two algorithms is noticeable in basic issues such as network security, environmental sustainability, barriers to entry, and decentralization. Now let's clarify the issue with a few examples. To start POW, it is necessary to purchase hardware, but for POS, it is enough to register in the system and make a stake. On the other hand, when verifying a new block in POW, the processing power is based on it, while the share (coin) held by a person in POS is based on it. POW is more reliable, while POS is more efficient. In POW, miners who want to add blocks to the chain have to compete using computer processing power. However, there is no competition in POS because the validators are randomly selected by the algorithm.

The POS system is used by a rising number of the most popular cryptocurrencies. Let's give an example of some of the POS coins. Solana, Avalanche, Polkadot, Cardano, and Cosmos are some of them. Cardano and Solana, like Ethereum, are dedicated to delivering smart contract capability. On the other hand, Cosmos allows many blockchains to communicate with one another. If you are interested in Polkadot, Avalanche, and Solana, you can also find the blogs we have reviewed on our page.

Proof of Stake Coin Comparisons

Article by Yunis
30 June 2021 (Updated 24 May 2022)
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