Blockstake owns and operates a portfolio of cash flow generating cryptoassets
We maximize these cash flows through a combination of:
Proof of Stake Mining
What are masternodes?
Masternodes, also known as bonded validators, are special computers that verify transactions on a blockchain network and require a large stake of currency as collateral.
In exchange for running these nodes, we receive a portion of the newly minted coins on the network.
Thus Blockstake is able to benefit from price appreciation while maintaining ongoing cash flows.
A requested transaction is broadcast to a network of nodes
The nodes validate the transaction based on the network rules
What is mining?
Mining is the process of adding data to the blockchain.
At a regular interval, the miners group together all the transactions that occurred and record them on the network as chunks of data known as blocks.
For every block of verified data, the miners receive a pre-set number of coins referred to as a block reward.
How Blockstake mines
Blockstake is an active miner across multiple Proof of Stake (PoS) networks.
In a Proof of Stake system the miners are not machines, but individuals with a large stake of currency. By holding a stake, they become eligible to validate transactions and create new blocks.
This alternative form of mining requires significantly less energy and capital expenditures than previous Proof of Work systems.