I’d firstly like to start off by thanking for listing me as a (#28/100) — it means a lot to see my content and sharing of knowledge resonating with readers. Michael K. Spencer Top Crypto Writer on Medium in 2018 As mentioned in one of my previous posts, despite the bear market, not everything is doom and gloom. The technology that will revolutionize our lives still exists and is thriving. Alongside it, there are coins that you can earn passive income with, regardless if the market is green or red. In of my series, I will highlight another 3 Cryptocurrencies that allow you to earn a passive income. If you haven’t got the chance to read my previous ones, here are some convenient links: | Part 3 Part 1 Part 2 — Warren Buffett “If you don’t find a way to make money while you sleep, you will work until you die” Image courtesy of http://alternativeinvestmentcoach.com Ontology (ONT) is a diverse, integrated, distributed trust network and the infrastructure for building a trust ecosystem. Ontology encourages trust cooperation and allows projects of all shapes, sizes, and technologies with different business scenarios and compliance requirements to pass through Ontology’s chain networks and take advantage of the distributed trust network how they see fit. Ontology Unlike all other coins I have discussed in the past (with the exception of VeChain Thor), is still very much a work in progress but one with huge potential and this can be seen by how well it’s performing even in this bear market. Just to give you an idea, it was launched on Binance at and at the time of writing stands at (a ) as a time where the total cryptocurrency market cap has by more than . Ontology ~1.30$ ~7.42$ ~570% increase dropped 13% will use a consensus mechanism called erified yzantine ault olerance (VBFT). Ontology V B F T is a new consensus algorithm that combines , (Verifiable Random Function), and . With , first apply for participation in network consensus through placing . Then, by using a verifiable random number, several nodes are selected from among all the consensus nodes. The selected nodes take the responsibility to propose, verify, and vote for new block(s). VBFT PoS VRF BFT VBFT Ontology nodes stake The consensus mechanism is central to the passive income “piece” of . You can find more information about , . Ontology VBFT here The network will feature a dual token mechanism that are bound together — (the cryptocurrency coin of main chain services) & (the utility token of main chain operations). By owning and holding ; you will passively earn Ontology ONT ONG ONT ONG. The l, which allows the ‘passive income’, is compromised by the . You can find more information about the “ ”, . Ontology Governance Mode “Triones Economic Model which uses ONT/ONG and combines the VBFT consensus algorithm and a consensus management smart contract” Triones Consensus System Economic Model here In order to earn , you will simply need to hold in your wallet and will accumulate over time. There is very little effort involved on your part. To get an idea on how much you will generate, you can check calculator. ONG ONT ONG ONG this You can purchase on , , and . ONT Binance Huobi KuCoin , Gate.io many others Decred (DCR) is a cryptocurrency that solves blockchain governance. It allows users to seamlessly transition from one set of consensus rules to another. This is a complex problem, as demonstrated by the difficulties experienced in governance. uses an innovative hybrid roof- f- ork ( )/ roof- f- take ( ) system similar to roof- f- ctivity ( ) to solve this problem and gives users of the currency decision-making power about the set of consensus rules to activate. Decred Bitcoin Decred p o w PoW p o s PoS p o a PoA has implemented a hybrid consensus mechanism, combining ( ) and ( ) thus eliminating one of the biggest issues with — miner centralization ( has an excellent on this). Decred f- ork Proof-O W PoW roof- f- take P O S PoS PoW Jimmy Song piece This hybrid designs allows each just like Bitcoin ( ), as well as, allow stakeholders to vote ( ) on a couple of things; the validity of the freshly mined block and any proposed features or changes to the network. Voting is enabled by purchasing voting tickets, which temporarily locks voters’ . The voter’s reward received, currently stands at 30% of the total reward; check for the latest reward figures. You can also find more information about this hybrid design, . block to be mined PoW PoS DCR here here Very briefly, to earn passive income with you must follow these steps: Decred and a Set-up fund Decred wallet Pick a (also known as a stake pool) and on the pool’s website. More information on stake pools can be found . voting pool sign up here Purchase voting tickets You can find a detailed guide on how to set-up and earn passive income, . Decred staking here can be purchased on , and DCR Bittrex Poloniex , Cryptopia a few others . Storj ( STORJ) is a protocol, cryptocurrency, and suite of decentralized applications that allows users to store data in a secure and decentralized manner. It uses Bitcoin-inspired features like a transaction ledger, public/private key encryption, and cryptographic hash functions for security. Storj nodes, or average computers running the software, sell resources to store and transfer information and earn (or other cryptocurrencies) in exchange for their services. Storj STORJ Essentially, is the , , counterpart of Dropbox, OneDrive, Google Drive, etc. Traditional centralized solutions have a number of drawbacks (privacy, security, outages, etc.) which solves using the and . Storj open-source decentralized blockchain-based Storj blockchain peer-to-peer networks Unlike all other coins part of this post (and previous posts in this series), with , you need to contribute resources for something in return. Contribution to the comes in the form of and . Given how easy it is to set-up and get started with , if you have unused storage space and/or bandwidth, this essentially becomes passive income. Storj Storj network storage space bandwidth Storj A on how to setup and start contributing your unused resources on the network, can be found . tutorial Storj here Unfortunately, there is no easy way to calculate the Storj payout as there are numerous factors that affect the payout, such as: How many people will upload to the network in the future (and how much) How many people and how much will they download the files again Quality of the node contributing resources Having said that, there are details on how the calculation works and how payments are made, . here If you would like to see a blog post discussing coins similar to (i.e. contributing unused resources for something in return), please feel free to drop me a message or a comment below. Storj You can purchase on and . STORJ Binance, Huobi , Bittrex , Gate.io many others Make sure you give this post your 👏 👏 and my blog a if you enjoyed this post and want to see more. 50 claps follow You can also show your support by donating to the following address: : Af1igVZ5GP6VDBE1MWdM9ovSeVq7wCs3zA DscWdVztKjeY4DDZh6LyVhdviSjM5tfyHD3 : 0x4c7195E074cf0Ab6F77Bdb7C97Fd2567066Bb712 ONT DCR: ETH/STORJ . Disclaimer: All information and data on this blog post is for informational purposes only. My opinions are my own. I do not provide personal investment advice and I am not a qualified licensed investment advisor I make no representations as to the accuracy, completeness, suitability, or validity, of any information. I will not be liable for any errors, omissions, or any losses, or damages arising from its display or use. All information is provided as is with no warranties and confers no rights.

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