This article was first published on Stories by IOS Foundation on Medium
Staking is becoming increasingly popular in 2019, attracting many major exchanges, firms and investors to participate. Prior to the rise of the staking economy, IOST had already launched its Global Partners Program in December last year. IOST currently holds the first place globally in staking ranks with multiple mainstream blockchain institutions, including StakingRewards and BlockBeats, and ranks #1 against 80+ other projects including EOS and Tron.
Staking Market is Developing Rapidly
In early February 2019, Staked.us announced the finish of a seed round worth $4.5 million, which ignited the staking market with a rapid growth in participants, including major exchanges, prominent blockchain firms and numerous investors.
Staking has been around for a while. It was first proposed by a member named QuantumMechanic in Bitcoin Forum on July 11, 2011. Sunny King created Peercoin (PPC), the first PoS (Proof of Stake) blockchain, on August 19, 2012, marking the real working PoS model. It was closely followed by the creation of other PoS-based blockchains, including BCNext (Bxt), Blackcoin and Shadowcoin.
IOST Partners Program
IOST consensus mechanism is Proof-of-Believability (PoB). While PoB has features that are superior to PoS, IOST token holders can also participate in staking (known as voting within the IOST community) in the IOST Partners Program. Voting allows token holders to elect the most dedicated Nodes to secure the network and in return, token holders will receive voting rewards for as long as they continue to stake their IOST.
As Nodes selected by voters contribute to IOST ecosystem growth and development, both Nodes and voters can receive generous long-term rewards for their contributions.
IOST encourages community members to join our Partners Program and participate in ecosystem building together with Nodes and the Foundation.
IOST Ranks First Globally in Staking Score
seven months after the launch of IOST Partners Program, 346 Node Partners ...
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