How the Invention of Supernodes Upgrades Blockchain’s PoS Consensus

Staking Rewards Now Soar Even Higher

It’s a bird! It’s a plane! It’s Supernode!

In certain circles, blockchain developer Sunny King is downright legendary. His 2012 invention — Proof of Stake consensus — became a popular governance model and currently enjoys widespread adoption within the crypto community.

And Sunny’s new project — V SYSTEMS — is creating a decentralized, cloud-based blockchain database while at the same time improving upon the original concept of PoS.

In stark contrast to bitcoin’s resource-intensive Proof of Work consensus mechanism, PoS stakeholders need only to store their crypto in the right wallet.

Proof of Stake means no expensive or complicated equipment is necessary, and the environmental footprint is minimal.

Original examples of Sunny’s PoS projects include Peercoin and Primecoin, both of which prompted other altcoins to follow suit.

To find an example of a startup that took Sunny’s PoS invention to heart, look no further than 2014’s CloakCoin. The privacy-focused project awards token holders 6% annually, in the form of the network’s native coin.

How are token holders rewarded without the need for power-hungry mining rigs? Pre-mining, that’s how.

You see, unlike bitcoin’s army of miners constantly looking for rewards as they fight to win the right to forge blocks, all of CloakCoin’s supply is already in circulation.

There are no coins to be mined because they’ve all been ‘found.’ So, HODLers keeping their coins in the proper wallet — essentially becoming network block validators — enjoy passive rewards.

And therein lies the beauty of Sunny’s invention. With the right PoS model in place, hands-off crypto rewards are as easy as running a program on your PC or Mac.

However, SPoS — Supernode Proof of Stake — changes all that. And if you’re comfortable operating specialized mining hardware, SPoS upgrades all that.

Now, before we dive too deep, you should know this…

Disclaimer: This is not investment or financial advice. I’m not a financial expert by any stretch of the imagination. Information within this article is primarily speculative opinion. Always conduct your own research before involving yourself with any project, in or out of the cryptosphere.

I may or may not receive an allocation of tokens for creating this content. That said, I do my best to remain unbiased and fair. I try to avoid all FOMO and FUD and don’t wish to elicit those emotions in my fellow cryptonauts. Did you make it this far? Congrats! You’re in the top 1% and deserve nothing short of a medal.

Now that we’ve cleared that up let’s get into it.