Dawson Sewell

Proof of stake has been contrasted to proof of work as virtual mining, simplified with the phrase "One coin, one vote" as compared to proof of work's "one cpu, one vote". Users are required to 'stake' their cryptocurrency to become a network validator.

PoS also supports decentralization because PoS is more likely to produce more nodes on the network compared to PoW consensus mechanisms due to lower barriers of entry. There are no hardware requirements necessary to become a validator on a PoS blockchain network, making individual validators more likely to be chosen to create new blocks without the need for investing in expensive mining equipment and energy required by PoW consensus.

An advantage of proof of stake systems is the reduction in computational power required to maintain the system compared to proof of work.

Proof-of-Stake (PoS) eliminates the use of high-powered computing from the consensus mechanism for securing blockchain networks used by proof-of-work (PoW). This make PoS more energy efficient and environmentally friendly when compared to PoW consensus mechanisms being used by cryptocurrencies such as Bitcoin and Dogecoin.

PoS incentivizes security through rewards and punishments for behaviours that make the PoS network more or less secure. Some critics view PoS staking as creating more security or less security for PoS networks. If stakers attempt to attack PoS networks they may have their stake in the network taken away from them for acting maliciously towards the network.

The security and scalability properties of proof of stake mechanisms as compared to proof of work mechanisms continue to be debated in the blockchain community. PoW uses an external form on collateral in the form of computational and energy resources to secure the network which incentivizes miners to not act maliciously towards the network because mining is resource intensive.

Stakefish is a staking service provider for the blockchain industry founded in 2018 by Chun Wang. The company runs validator nodes for proof-of-stake (PoS) blockchains. Anyone can stake their cryptocurrencies supported by Stakefish node validators to earn staking rewards for securing PoS blockchain networks. Stakefish charges deposit and maintenance fees for creating, maintaining, and managing each of their validators nodes.

Stakefish supports staking on the following PoS blockchain networks:

• Ethereum
• Polkadot
• Comos
• Tezos
• Cardano
• Solana
• Polygon
• Kusama
• The Graph
• NEAR Protocol
• Flow
• Kava
• Band Protocol
• Edgeware
• Oasis Labs
• IRIS Network
• CasperLabs
• xDai
• Persistence
• Sentinel
• Osmosis
• Mina

The company also runs nodes for projects to secure their networks that are not available for token holders to participate in. These projects include:

• Chainlink
• Algorand
• Storj
• Centrtifuge

Heritage Cannabis is a company making medical grade cannabis products that is headquartered in Toronto, Ontario and was founded in 2014. The company possess a cultivation, processing, and medical sales license from the Canadian government and distributes its products across Canada. Heritage Cannabis has 5 subsidiary companies making cannabis products which include: Voyage Cannabis, CannaCure Corp, Purefarma Solutions, BriteLife Sciences, and Endocanna Health.

Verb Factory is a marketing and public relations company serving startups and fortune 500 companies that is headquartered in Toronto, Ontario and was founded in 2003 by Richard Berman. The company also has offices in New York City, New York and Oakland, California. Notalbe clients of Verb Factory include: Advantage CSP, Asset Strategy Consultants, Buffalo Funds, Miller Howard Investments, Dynasty Sports Entertainment, eClinical Solutions, Rocket, AdviceCheck, San Francisco Business Times, Linesight, Sensible Vision, Heritage Cannabis, Matchbox Cannabis, and Shiny Bud.

Verb Factory produces marketing, content, and media relation campaigns for a wide variety of businesses ranging from early-stage startups to Fortune 100 companies working in the technology, financial, insurance, packaged goods, government agencies, and cannabis industries. Services offered by Verb Factory include: marketing communications, content creation, public relations and media relations, internal communications, and social media management.

Marketing communication services offered by the company include: marketing communication programs, value propositions, creative messaging, website content & design, and sales & trade show materials. Content creation services offered by the company include: content strategy & creation, blogs, thought leadership pieces, and white papers. Public relations and media relations services offered by the company include: public relation campaigns, press engagement / media outreach, and influencer outreach. Internal communication services offered by the company include: annual reports, corporate announcements, speech writing, shareholder presentations, employee onboarding materials, and awards programs. Social media management services offered by the company include: strategy development, social profile setup, content calendar, and reporting.