ECN coin uses a special algorithm called the POS to secure the ECN Coin network. The moment you acquire ECN Coin it becomes an interest bearing asset with 120% return per year through PoS minting. Proof-of-stake is a type of algorithm by which a Crypto currency block chain network aims to achieve distributed consensus. Unlike Proof-of-Work based Crypto currencies (such as bitcoin), There are many benefits of proof of stack than proof of work. There is no need for hardware mining so it saves energy and costing. It gives staking rewards. E-Coin coin is an open source, peer-to-peer, community driven decentralized crypto currency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.