Block Creation RightsBlock Creation Rights This type of token is the most common type of token in most blockchain platforms that have a proof-of-stake system as token holders can become block validators with their chances roughly equal to the balance of tokens. Participating in this type of consensus process involves running a client protocol.  Advantages: People understand staking and can make estimates of their return. Disadvantages: People don’t always stake their tokens and excessive staking could reduce transaction volume on the network. It also requires the launching of a new blockchain.... More

This type of token is the most common type of token in most blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors. platforms that have a proof-of-stakeAn alternative to the proof-of-work system, in which existing stake in a cryptocurrency is used to calculate the amount of that currency one allowed to mine. A proof of stake system requires the prover to show ownership of a certain amount of money rather than requiring a user to perform computational work,... More system as token holders can become block validators with their chances roughly equal to the balance of tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer.. Participating in this type of consensus processThe process a group of peers responsible for maintaining a distributed ledger use to reach majority decision on the ledger’s contents. involves running a client protocol. 

Advantages: People understand staking and can make estimates of their return.

Disadvantages: People don’t always stake their tokensAsset-backed tokens are claims on an underlying asset, from a specific issuer. and excessive staking could reduce transaction volume on the network. It also requires the launching of a new blockchainA Blockchain computing system treats the Blockchain as a secure computation platform that can be shared among multiple vendors..