DeepOnion staking made simple
deeponion·@paoad·
0.000 HBDDeepOnion staking made simple
 In my previous articles, I have talked you about the [DeepOnion](https://deeponion.org) project and how it is considerably undervalued. If you want to know more about this project, you can also check my previous [articles](https://steemit.com/@paoad). In this article I am going to talk you about DeepOnion staking and its **10% reward.** ## The Basics Before talking about staking, let’s start with the basics. First of all, DeepOnion is a hybrid **POS** (Proof of Stake) and **PoW** (Proof of Work) private coin. ### What does POS (Proof of Stake) and PoW (Proof of Work) mean ? I found a good explanation on GitHub about PoS and PoW which I am sharing with you : *« In proof of work (PoW) based public blockchains (e.g. Bitcoin), the algorithm rewards participants who solve cryptographic puzzles in order to validate transactions and create new blocks (i.e. mining). In PoS-based public blockchains, a set of validators take turns proposing and voting on the next block, and the weight of each validator's vote depends on the weight of its deposit."* So, a Proof of Stake system requires the user to show ownership of a certain amount of units, or $onions in our case. The creator of the new block is chosen based on his **weight.** Weight calculation is based on the amount of coins (you own) plus the maturity time that user (or better wallet) has on the network. **In simple words :** *Weight = $onions in your wallet + the time that your wallet is online on staking mode* The more coins you have and the more time that your wallet is online on *« Staking mode »*, the more weight you have, and the more possibilities to stake. As simple as that ! ### The DeepOnion staking reward The DeepOnion algorithm rewards the users who stake with : -Up to 10% of their $onions during the first year -Up to 5% of their $onions during the second year -Up to 1% of their $onions afterwards ### How can I stake? All you need to is to open your DeepOnion wallet, to unlock it and check the box *"For staking only"*. That’s all. From that moment staking mode is activated and all you need to do is to wait for your rewards (stakes). You don’t need to have a powerful PC or a mining rig , you just need to have a normal PC or a laptop or even a Raspberry Pi on staking mode as many hours as possible. If you like my article, don't hesitate to hit the like button and leave me your feedback.