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Staking Pool
Guide
WHAT'S IN THERE FOR YOU?
CAN
ETH
01.
INFORMATIONBYCANETHPOOL
02. How PoS works
Proof-of-Stake (PoS) offers a more energy-efficient
alternative to Proof-of-Work (PoW). Depending on how a
project designs the protocols of its blockchain, PoS can
also be more decentralized. A PoS system replaces the
complex calculations of a PoW system with something
much simpler — ownership of the blockchain’s token.
Theoretically, anyone who owns the
token has the ability to process
transactions onto the blockchain.
That accessibility can make it more difficult for a powerful
few to gather undue influence over the blockchain. In
addition, adding a block does not require as many
computations, which makes the power-consumption of a
PoS blockchain less of a burden on the environment.
CAN
ETH
The first step to becoming a stakeholder is
to lock away a certain number of coins in
the blockchain’s digital wallet. You retain
ownership of those coins, but you can’t
spend them without giving up your right to
participate in the transaction process.
Keeping the wallet connected to the
internet makes your computer part of the
network of stakeholders. As long as you’re
connected, your stake gives you a shot at
adding transactions to the blockchain.
Becoming a
stakeholder
Each PoS blockchain has a different way of
selecting which stakeholder has the right to
process transactions and earn mining rewards.
The simplest approach is a random selection
from the pool of participants.
Some blockchains add an aging function. When
you first join the selection pool, you get put to the
back of the line. The people who have waited
longest get a better shot at being picked next.
Other blockchains base the selection on how the
size of the stake. People who have set aside
more coins, or groups of people who have
pooled their stakes, are more likely to get picked.
Selection
algorithm
03.
CAN
ETH
PoS systems are becoming more common
as blockchains become more sophisticated.
Some projects still use PoW miners to
handle the basic processing of transactions
while using PoS stakeholders to perform
higher-level functions for distributed
applications (dapps).
Another advantage of a PoS system is that,
at heart, it is a way to cast votes to reach a
consensus. Those votes don’t have to be
limited to transaction blocks. The votes can
form the basis of a governance system,
letting the stakeholders decide on the
future direction of the blockchain’s
development.
Add value to the
blockchain
Ethereum is the second-largest cryptocurrency
after Bitcoin. It was founded as a pure PoW-
based blockchain, but the project’s developers
are hard at work on a PoS system that will let the
blockchain support new features.
Joining a PoS system as a stakeholder becomes
more than a way to earn more coins.
Stakeholders become active members of the
blockchain’s community and help shape the
future of distributed ledgers in society.
PoS and the
blockchain’s future
04.
CAN
ETH
05.
CAN
ETH
Advantages of
Staking Pool
Most PoS blockchains let you stake coins on your own. In
many cases, however, that won’t let you make the most out of
your stake. Your stake must remain connected to the network
around the clock. Even a brief misconnection could disrupt
your earning potential by sending you to the back of the line.
Joining a staking pool offers some significant advantages.
06.
CAN
ETH
Always connected
Running a masternode requires a server that’s
always has a high-speed connection to the
internet. Some people don’t want to — or
aren’t able to — deal with the complexity of
server setup and maintenance. Other people
live in regions where internet or electricity
services aren’t reliable.
Staking pools take the hassle out of staking by
taking care of all the technical details. Whether
running on their own hardware or with a virtual
private server provider, the staking pools
guarantee that pools are always serving their
blockchains.
CAN
ETH
07.
Steadier, more
predictable earnings
A small stake will have a difficult time
generating consistent results. Some
blockchains give larger stakeholders
preferential treatment. Even if the blockchain
project treats all stakeholders equally, a small
stake may not get a cut of a block reward in any
given month or year.
The large size of staking pools increase the
odds that they will get picked to write a block or
vote on a block that gets written to the
blockchain. As a result, rewards come in more
frequently and more consistently.
CAN
ETH
08.
Introducing CanETH pool - The
smartest way to stake your Ether
A purely decentralized proof of
stake (PoS) network on Ethereum
blockchain to validate ongoing
transactions on Ethereum
Blockchain.
Our vision is a solution to ease the
transition into ETH2.0 Proof of
Stake (PoS) by using a
decentralized pool network.
The PoS validators and nodes on
the network timestamps
transactions by hashing them into
an ongoing chain of hash-based
proof-of-stake, forming a record
that cannot be changed without
redoing the proof-of-stake.
Our Story Our Vision Technology
CAN
ETH
09.
Your possible earnings
(Use Case)
Total ETH staked Yearly Earning
10 ETH 1.15 ETH
$5,900.00 $681.45
CAN
ETH
10.
To schedule a staking
demo with one of our
staking consultants,
get in touch with us.
Contact us from our website:
www.caneth.org
Send us a mail:
info@caneth.org
CAN
ETH11.
Join our official
Telegram channel
Be a part of the community:
https://t.me/caneth

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Staking Pool Guide

  • 1. Staking Pool Guide WHAT'S IN THERE FOR YOU? CAN ETH 01. INFORMATIONBYCANETHPOOL
  • 2. 02. How PoS works Proof-of-Stake (PoS) offers a more energy-efficient alternative to Proof-of-Work (PoW). Depending on how a project designs the protocols of its blockchain, PoS can also be more decentralized. A PoS system replaces the complex calculations of a PoW system with something much simpler — ownership of the blockchain’s token. Theoretically, anyone who owns the token has the ability to process transactions onto the blockchain. That accessibility can make it more difficult for a powerful few to gather undue influence over the blockchain. In addition, adding a block does not require as many computations, which makes the power-consumption of a PoS blockchain less of a burden on the environment. CAN ETH
  • 3. The first step to becoming a stakeholder is to lock away a certain number of coins in the blockchain’s digital wallet. You retain ownership of those coins, but you can’t spend them without giving up your right to participate in the transaction process. Keeping the wallet connected to the internet makes your computer part of the network of stakeholders. As long as you’re connected, your stake gives you a shot at adding transactions to the blockchain. Becoming a stakeholder Each PoS blockchain has a different way of selecting which stakeholder has the right to process transactions and earn mining rewards. The simplest approach is a random selection from the pool of participants. Some blockchains add an aging function. When you first join the selection pool, you get put to the back of the line. The people who have waited longest get a better shot at being picked next. Other blockchains base the selection on how the size of the stake. People who have set aside more coins, or groups of people who have pooled their stakes, are more likely to get picked. Selection algorithm 03. CAN ETH
  • 4. PoS systems are becoming more common as blockchains become more sophisticated. Some projects still use PoW miners to handle the basic processing of transactions while using PoS stakeholders to perform higher-level functions for distributed applications (dapps). Another advantage of a PoS system is that, at heart, it is a way to cast votes to reach a consensus. Those votes don’t have to be limited to transaction blocks. The votes can form the basis of a governance system, letting the stakeholders decide on the future direction of the blockchain’s development. Add value to the blockchain Ethereum is the second-largest cryptocurrency after Bitcoin. It was founded as a pure PoW- based blockchain, but the project’s developers are hard at work on a PoS system that will let the blockchain support new features. Joining a PoS system as a stakeholder becomes more than a way to earn more coins. Stakeholders become active members of the blockchain’s community and help shape the future of distributed ledgers in society. PoS and the blockchain’s future 04. CAN ETH
  • 6. Most PoS blockchains let you stake coins on your own. In many cases, however, that won’t let you make the most out of your stake. Your stake must remain connected to the network around the clock. Even a brief misconnection could disrupt your earning potential by sending you to the back of the line. Joining a staking pool offers some significant advantages. 06. CAN ETH
  • 7. Always connected Running a masternode requires a server that’s always has a high-speed connection to the internet. Some people don’t want to — or aren’t able to — deal with the complexity of server setup and maintenance. Other people live in regions where internet or electricity services aren’t reliable. Staking pools take the hassle out of staking by taking care of all the technical details. Whether running on their own hardware or with a virtual private server provider, the staking pools guarantee that pools are always serving their blockchains. CAN ETH 07.
  • 8. Steadier, more predictable earnings A small stake will have a difficult time generating consistent results. Some blockchains give larger stakeholders preferential treatment. Even if the blockchain project treats all stakeholders equally, a small stake may not get a cut of a block reward in any given month or year. The large size of staking pools increase the odds that they will get picked to write a block or vote on a block that gets written to the blockchain. As a result, rewards come in more frequently and more consistently. CAN ETH 08.
  • 9. Introducing CanETH pool - The smartest way to stake your Ether A purely decentralized proof of stake (PoS) network on Ethereum blockchain to validate ongoing transactions on Ethereum Blockchain. Our vision is a solution to ease the transition into ETH2.0 Proof of Stake (PoS) by using a decentralized pool network. The PoS validators and nodes on the network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-stake, forming a record that cannot be changed without redoing the proof-of-stake. Our Story Our Vision Technology CAN ETH 09.
  • 10. Your possible earnings (Use Case) Total ETH staked Yearly Earning 10 ETH 1.15 ETH $5,900.00 $681.45 CAN ETH 10.
  • 11. To schedule a staking demo with one of our staking consultants, get in touch with us. Contact us from our website: www.caneth.org Send us a mail: info@caneth.org CAN ETH11.
  • 12. Join our official Telegram channel Be a part of the community: https://t.me/caneth