In this system, an individual buys some of this cryptocurrency which has been originally generated. The user then "stakes" some or all of this as an investment. <ref>http://blackcoin.co</ref> As time passes, the individual receives a small amount of interest from the system. [[BlackCoin]] and [[PeerCoin]] are the best known [[proof-of-stake]] cryptocurrencies. Staking [[BlackCoin]] earns about 1% per year.<ref>https://bitcoinmagazine.com/articles/what-proof-of-stake-is-and-why-it-matters-1377531463</ref>
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In this system, an individual buys some of this cryptocurrency which has been originally generated. The user then "stakes" some or all of this as an investment. <ref>http://blackcoin.co</ref> As time passes, the individual receives a small amount of interest from the system. [[BlackCoin]] and [[Peercoin]] are the best known [[proof-of-stake]] cryptocurrencies. Staking [[BlackCoin]] earns about 1% per year.<ref>https://bitcoinmagazine.com/articles/what-proof-of-stake-is-and-why-it-matters-1377531463</ref>