Mintcoin PoS Rewards are a Crypto version of Dividends
The information provided below is opinion only and should not be considered factual without further independent research by the readers.
What is PoS (Proof of Stake)?
“Proof-of-stake is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. It is different from proof-of-work systems that run hashing algorithms to validate electronic transactions. It is most commonly used as a supplement to proof-of-work in Peercoin and a few other electronic currencies.” (including Mintcoin) http://en.wikipedia.org/wiki/Proof-of-stake
PoS Rewards are Similar to Dividends
“A distribution of a portion of a company’s earnings, decided by the board of directors, to a class of its shareholders. The dividend is most often quoted in terms of the dollar amount each share receives (dividends per share). It can also be quoted in terms of a percent of the current market price, referred to as dividend yield.” http://www.investopedia.com/terms/d/dividend.asp
Reward Payment Cycle
It takes 20 days for your investment to mature.
What does Investment Maturity Mean?
The period of time for which a financial instrument remains outstanding. Maturity refers to a finite time period at the end of which the financial instrument will cease to exist and the principal is repaid with interest. The term is most commonly used in the context of fixed income investments, such as bonds and deposits. http://www.investopedia.com/terms/m/maturity.asp
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