Review on xDai by Ibrahim Sunday
XDai, Stake review, 2020.
When speed is all you need xDai project should be on your preference
XDai is a multi staking, and a double token mode. It resembles etherium very well, except in its consensus model... Thats the way that decisions are being taken. The token include the xDai token and the "stake". The stake is made as a proof-of-stake consensus, implemented by Dao, while the xDai maintain its $1 price always.
XDai is the first USD stable blockchain.
Some wallets to store your stake and xDai include alpha wallet, burner wallet, xDai stable wallet, Nifty, to mention but few
I first got to know about stake while using poleniex, to trade the STAKE/USD for some days. I was loosing at first, but later catch up with the
Pros
- It is very fast, they claim that 70 transaction could be carried out in a second.
- It is very stable, that transaction charges are easily predicted.
- You can get 15% when you hold your "stake" annually.
- It has a very nice user interface.
Cons
- It second token "stake" is very volatile, and more bonuses are being attached to it.
