Earn Crypto Passive Income with this Low Cap Altcoin GEM 37%+ APY

Essentia is a masternode powered blockchain that enables interoperability and cross-chain transactions. It is an ‘all-in-one platform’ that manages all things crypto. With Essentia users can: trade, swap, and add liquidity. Integrated with L2 transactions via zk-SNARKs sdk and Starkware. Essentia is designed to be Simple. Secure. and Decentralized.

🌐 https://essentia.one/
💬 https://t.me/essentia_one
🐤 https://twitter.com/Essentia_one

⏱️ Timestamp
0:00 Intro
01:08 Essentia
02:05 Price analysis
02:54 What is Essentia
03:19 Masternodes
04:11 Masternode APY
04:47 Cold Staking APY
05:52 Staking Guide

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🕺🏻 About Me:
◆Telegram Community!: https://t.me/DecentralisedChain​​​
◆ Twitter: https://twitter.com/Decentralised_C​​​
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💰 Buy Bitcoin through Coinbase: https://goo.gl/axj2wv​​​
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💬 I am not a financial adviser and this is not financial advice. I’m just a big fan of all things blockchain and Lego.
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** SPONSERED VIDEO**

Essentia is an open-source peer-to-peer network geared to provide access to the
best and latest features blockchain has to offer. The network is strengthened by
Proof-of-Stake (PoS) as its consensus algorithm and masternodes to ensure a maximum
level of security for its functionality.

PoS (Proof of Stake) is a type of protocol which achieves the verification of
transactions using just a fraction of the electricity required for PoW. PoS provides the
framework to create ESS coins, which is then rewarded to the verificators (usually referred
to as “stakers”) as a reward for validating transactions. The first 100 blocks of the Essentia
blockchain are created via PoW, with the next blocks - PoS.

The blockchain keeps track of a set of validators (masternodes), and anyone who
holds the blockchain's base cryptocurrency can become one by sending a special type of
transaction that locks a minimum amount of ESS as a deposit. The process of creating and
agreeing to new blocks is then done through a consensus algorithm that all current
validators can participate in.

#ess #essx #passiveincome

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