First Cryptos were minable with normal home computers, then you started needing ASICs, and after that Solo mining didn’t seem sensible anymore but it was best to get to one of the mining pools.

Then there came Proof of Stake coins which seemed like the future of “mining”, and this is where they got an idea. Why not make a Pool of Stake, which would be a pool consisting of many different Proof of Stake coins.

It also appears this Pool of Stake is showing some good taste for, after all, it was only yesterday when they tweeted that they had just set up their first Telos node at stake.noku.io and that they even want to beta test upcoming Cryptomages.

Unfortunately, stake.noku.io shows only sign up page, and as I didn’t want to bother signing up, I don’t really know much what this is, except this is through which Pool of Stake currently works and it is in Estonia and holds some license(s) making Pool of Stake ideas possible.

The Pool of Stake idea is that they have several different Pools there, one for each coin, which is currently 14 Different coins with 56 Total nodes.

The idea is basically that if I want to participate in the Telos pool for example, then there will be a wallet address where I can send my Telos coins. After that, my share of profits comes as Telos too.

They are also on the process of updating their website, hence it is a bit unclear right now.

If you wish to join Pool of Stake, do it through stake.noku.io.

With Scam coins, you don’t need to worry about hackers, since the coin itself is sort of “hacked” so why would any hacker bother hacking it anymore when there is no money there except for the original “hacker”.

Telos has now reached a milestone by having gained an interest of hackers since even they think it is worth their time to make a hack to Telos to gain some.

This is also a good tip for any investor, thieves don’t rob empty warehouses, but they rob the ones full of gold.

To be fair, this isn’t the first time hackers have found it worthy of their time to find vulnerabilities in Telos, but we already have had our share of fake wallets and phantom nodes, but there is one difference this time. This time we reached another milestone where not only a hacker hacked but also someone even saw it worthy of dedicating a website for it.

You might have noticed this news item is categorized in the rumors category, this is due to us not having confirmed this bug – for a reason.

So claim is that there is this alternative wallet that you can find from the before mentioned website.

When you use this wallet for staking, you would get more than your fair share of coins. The website claims of having used 30 000 coins for staking and having received 500 more coins in just one day, which sounds pretty good amount, basically an ROI of only 2 months, until everyone else starts using the same of course.

However, this test was made already a month ago, at a time it is actually known that some of the big wallets were not staking, hence it is bit questionable how effective that hack actually is, since there’s a chance that on a single day during that month, staking could have been that profitable anyway, just not for long term.

When the guy, who I suppose to be behind this website, reported about this problem to Pascal, Pascal basically said it was known by him already before and issue is such a minor issue compared to trouble fixing it, that feel free to expose this bug until it is being fixed at next natural fixing moment.

Anyway, if you like, and dare, feel free to download the alternative wallet and stake for example 30 000 coins to perhaps gain 500 coins a day, or perhaps lose 30 000 coins in less than a day, after all, reason, why we don’t, recommend you anything but official wallets is since there have been wallets before which purpose is simply to have access to your coins to move them out of your reach to the alternative wallet creators own wallets.

Maybe you gain some unfair staking rewards, or maybe you just lose a whole bunch of coins for the alternative wallet creator’s wallet. Your choice, Your risk. Personally I will keep away from that wallet, and so should You.