How does DMD Diamond Proof of stake system work?

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For those of you who might be unfamiliar with PoS, the easiest way to present it is as a form of mining which does not require ASIC, graphic cards of any significant hardware investment. All you need to do is to buy coins, place them in your wallet, have you wallet online and opt for staking and your coins will stake and generate new coins. Your coin piles compete with other coins for staking…

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