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Certain Cryptocurrencies allow you to earn a passive income; merely money that you earn without doing much to earn it. In this post, I will highlight 3 Cryptocurrencies that allow you to earn a passive income.
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Neo uses a consensus mechanism called delegated Byzantine fault tolerance (Dbft) the holder of the Neo token can, by voting, pick the Bookkeeper it supports. The selected group of Bookkeepers, through the Bft algorithm, reach a consensus and generate new blocks. Neo acts like a share and by owning it, you own a part of the Blockchain. In order to earn gas,
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Vechain Thor (Vechain’s pivot& Re-branding) is a project that has been making waves in the space as of late. It is going to move beyond the supply chain, and into enterprise decentralized application (Dapp) solutions. There are some minimum requirements in order to become a Node. All vet holders (regardless if they are a Node) will passively earn Thor by holding vet in their Wallets.
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Ark uses a consensus mechanism called delegated Proof-Of-Stake (Dpos) this mechanism requires coin holders to vote for delegates responsible for validating transactions and maintaining the Blockchain. It is quite similar to Dbft with the major difference that in Dpos only one delegate Verifies the block, whereas in Dbft, 2/3 of the Bookkeepers have to reach a consensus and generate new blocks.
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