With Cryptocurrency people typically hear about mining Bitcoin. That process is know as Proof of Work (PoW) and is used to create blocks on the block chain.
The alternative to setting up mining hardware and using a lot of electricity for mining is a process knowing as Staking or Proof of Stake (PoS). In this case in order "stake" you must own the cryptocurrency and keep those funds in a wallet that is unlocked for staking.
We are staking one such coin called LINDA Coin. The LINDA Coin Project team has delivery many solutions over the past year that include a staking pool, a mobile wallet, and one click master nodes (another way to earn passive income and support the block chain). This coin is not only great for passive income but the investment prospects long term look very bright.
The returns for staking and master nodes are as follows:
- Staking 60% ROI per year
- Master Nodes 70% ROI per year
More recently the LINDA Team preparing to launch LindaX (which will rival and surpass the speed of the Ethereum network).
The blockchain and cryptocurrency technology is still in a very young stage. This is the time to find a good project and a team that delivers. The LINDA Team has delivered on all commitments and you checkout their discord you will see a team that has great community support.