StreamSpace



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Re: [ANN] [ICO] StreamSpace - Blockchain Powered Streaming Video On Demand September 28, 2017, 07:12:57 PM #12

Quote Can you explain to me what is PROOF OF STAKE TIME?



StreamSpace selected Proof of Stake Time (PoST) as the reward algorithm for StreamShares (SSH), the transactional token used for payment and access rights on the StreamSpace platform. PoST allows a poorer member with a smaller stake to have more strength if they are active and challenge a richer stakeholder who is less active in supporting the service. Granting more rewards to a committed underdog is akin to giving a weak team in American professional football the right to go first in the draft pick; proper choices will elevate a weak team against a dominant team that rests on its laurels and fails to keep developing new talent. StreamSpace selected Proof of Stake Time (PoST) as the reward algorithm for StreamShares (SSH), the transactional token used for payment and access rights on the StreamSpace platform. PoST allows a poorer member with a smaller stake to have more strength if they are active and challenge a richer stakeholder who is less active in supporting the service. Granting more rewards to a committed underdog is akin to giving a weak team in American professional football the right to go first in the draft pick; proper choices will elevate a weak team against a dominant team that rests on its laurels and fails to keep developing new talent.