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Home Cryptocurrencies Proof of Stake Coins

List of All Proof of Stake (POS) Coins
September 2023

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 Highest CeFi Yield Highest DeFi Yield
Ethereum logo ETH
Ethereum
$1,626.98
-1% arrow up arrow down 24 Hr
5.5%
APR
Cardano logo ADA
Cardano
$0.25
-1.5% arrow up arrow down 24 Hr
6%
APR
Toncoin logo TON
Toncoin
$2.47
-6.3% arrow up arrow down 24 Hr
Solana logo SOL
Solana
$20.17
1.3% arrow up arrow down 24 Hr
8%
APR
Polygon logo MATIC
Polygon
$0.54
-0.2% arrow up arrow down 24 Hr
10%
APR
Algorand logo ALGO
Algorand
$0.10
2.1% arrow up arrow down 24 Hr
4.75%
APR
Tezos logo XTZ
Tezos
$0.67
-0.6% arrow up arrow down 24 Hr
4.69%
APR
Injective logo INJ
Injective
$7.38
-0.7% arrow up arrow down 24 Hr
2.99%
APY
MINA
Mina
$0.38
2.2% arrow up arrow down 24 Hr
16%
APR
CELO
Celo
$0.45
-0.2% arrow up arrow down 24 Hr
4.99%
APY
CTSI
Cartesi
$0.13
-0.4% arrow up arrow down 24 Hr
2.84%
APY
VEGA
Vega Protocol
$1.13
2.5% arrow up arrow down 24 Hr
BTS
BitShares
$0.00901
0.4% arrow up arrow down 24 Hr
3.18%
APY
LTO
LTO Network
$0.06
11.4% arrow up arrow down 24 Hr
3.49%
APY
PIVX
PIVX
$0.17
3.7% arrow up arrow down 24 Hr
0.5%
APY
VAL
Validity
$1.86
2.6% arrow up arrow down 24 Hr
PZM
PRIZM
$0.00239
1.1% arrow up arrow down 24 Hr
GCR
Global Currency Reserve
$0.07
-0.8% arrow up arrow down 24 Hr
OXEN
Oxen
$0.07
1.5% arrow up arrow down 24 Hr
PART
Particl
$0.28
-6.6% arrow up arrow down 24 Hr
XEP
Electra Protocol
$0.000194
5.9% arrow up arrow down 24 Hr
OTO
OTOCASH
$0.08
-0% arrow up arrow down 24 Hr
OMAX
Omax Coin
$0.00032
0.1% arrow up arrow down 24 Hr
VITAE
Vitae
$0.00117
0% arrow up arrow down 24 Hr
GHOST
Ghost
$0.08
-25.7% arrow up arrow down 24 Hr
FLG
Folgory Coin
$0.23
2.6% arrow up arrow down 24 Hr
SUTER
suterusu
$0.000264
-0.3% arrow up arrow down 24 Hr
PAC
PAC Protocol
$4.59E-5
9.6% arrow up arrow down 24 Hr
MRX
Metrix Coin
$2.96E-5
0.2% arrow up arrow down 24 Hr
DAPS
DAPS Coin
$8.15E-6
-26.9% arrow up arrow down 24 Hr
BLKC
BlackHat
$0.04
-1.7% arrow up arrow down 24 Hr
XBC
Bitcoin Plus
$1.42
-1.1% arrow up arrow down 24 Hr
BIS
Bismuth
$0.01
12.7% arrow up arrow down 24 Hr
FYD
FYDcoin
$0.000316
1.3% arrow up arrow down 24 Hr
FREED
FreedomCoin
$0.01
5.4% arrow up arrow down 24 Hr
ION
ION
$0.00371
-2.6% arrow up arrow down 24 Hr
ATMOS
Atmos
$0.000543
-0.8% arrow up arrow down 24 Hr
DCT
DECENT
$0.00779
0% arrow up arrow down 24 Hr
DONU
Donu
$0.00109
-0.8% arrow up arrow down 24 Hr
UNI
Universe
$0.00157
0% arrow up arrow down 24 Hr
XLR
Solaris
$0.06
-0% arrow up arrow down 24 Hr
USNBT
NuBits
$0.00366
0% arrow up arrow down 24 Hr
EXCL
ExclusiveCoin
$0.000671
-0.5% arrow up arrow down 24 Hr
LCP
Litecoin Plus
$0.000292
-0% arrow up arrow down 24 Hr
NAV
Navcoin
$0.05
12.6% arrow up arrow down 24 Hr
TC
TTcoin
$0.000189
-8.7% arrow up arrow down 24 Hr
ENQ
Enecuum
$0.00237
-3.7% arrow up arrow down 24 Hr
NXT
Nxt
$0.00137
8.3% arrow up arrow down 24 Hr
NLC
NoLimitCoin
$0.000437
2.5% arrow up arrow down 24 Hr
GRC
Gridcoin
$0.00867
2.2% arrow up arrow down 24 Hr
SONO
SonoCoin
$0.02
28.5% arrow up arrow down 24 Hr
BLK
BlackCoin
$0.02
-2.7% arrow up arrow down 24 Hr
CRW
Crown
$0.00511
0.5% arrow up arrow down 24 Hr
ALIAS
Alias
$0.01
10.3% arrow up arrow down 24 Hr
MINT
MintCoin
$2.72E-5
-2.9% arrow up arrow down 24 Hr
RBY
Rubycoin
$0.08
-2.9% arrow up arrow down 24 Hr
XPY
PayCoin
$0.000272
-0.8% arrow up arrow down 24 Hr
DFT
DraftCoin
$0.00113
5.3% arrow up arrow down 24 Hr
AV
AvatarCoin
$0.02
-0.8% arrow up arrow down 24 Hr
RBIES
Rubies
$0.00299
-0.8% arrow up arrow down 24 Hr
CAB
Cabbage
$0.000543
-0.8% arrow up arrow down 24 Hr
MOJO
MojoCoin
$0.00272
-0.8% arrow up arrow down 24 Hr
POST
PostCoin
$0.000815
-0.8% arrow up arrow down 24 Hr
XHI
HiCoin
$0.000272
-0.8% arrow up arrow down 24 Hr
ACES
Aces
$0.000272
-0.8% arrow up arrow down 24 Hr
ASAFE
AllSafe
$0.000869
-49.7% arrow up arrow down 24 Hr
VIDZ
PureVidz
$0.000272
-0.8% arrow up arrow down 24 Hr
ICON
Iconic
$0.00272
-0.8% arrow up arrow down 24 Hr
ZENI
Zennies
$0.000272
-0.8% arrow up arrow down 24 Hr
ECC
ECC
$0.000199
-2.9% arrow up arrow down 24 Hr

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.

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Proof of Stake Coin Comparisons

Article by Yunis
30 June 2021 (Updated 20 September 2023)
Important Message Definda does not provide any financial advice. All information is provided for research purposes only. DeFi is a rapidly evolving industry. Most businesses in the sector are very young and it is possible that some of them could go out of business in the future. Such an event could result in the loss of your investment. You should do your own research or consult a financial advisor before investing any money. Please read and satisfy yourself with our terms before continuing to use our website. We offer a free impartial comparison service of savings, loans and other DeFi products. We may receive a small commission from some of the companies listed, but this never influences our rankings. If you spot any errors in the information listed then please contact us at info@definda.com.

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