-
-
Notifications
You must be signed in to change notification settings - Fork 0
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
- Loading branch information
1 parent
139f96f
commit 7dd652c
Showing
9 changed files
with
79 additions
and
25 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -1,25 +1,34 @@ | ||
# 🔒 Staking | ||
--- | ||
description: >- | ||
An in-depth guide to understanding staking in the crypto space, how it works, | ||
its benefits, and the risks involved. | ||
--- | ||
|
||
### Staking | ||
# 🔒 Staking | ||
|
||
Let’s delve into the world of staking in the crypto space. Staking is a fascinating concept that allows you to earn passive income with your digital assets. Here’s what you need to know. | ||
|
||
1. **What Is Staking?** | ||
* **Staking** involves locking up your crypto coins to participate in maintaining the security and operation of a blockchain network. | ||
* In return for your participation, you earn **rewards** denominated in the native cryptocurrency of that network. | ||
* Think of it as the crypto equivalent of putting money in a high-yield savings account. | ||
2. **How Does Staking Work?** | ||
* Staking is only possible via the **proof-of-stake (PoS)** consensus mechanism. | ||
* PoS is used by certain blockchains to select honest participants (known as **validators** or **stakers**) and verify new blocks of data added to the network. | ||
* Validators are required to purchase and lock away a certain amount of tokens (their “stake”) to participate. | ||
* By having “skin in the game,” validators ensure they act honestly for the network’s benefit. | ||
* Rewards are distributed to validators based on their stake, with higher stakes increasing the chances of proposing new blocks. | ||
* Validators can also run **staking pools**, where they raise funds from other token holders through delegation. | ||
* Delegators participate by entrusting their coins to stake pool operators who handle the validation process. | ||
* Validators can be penalized for minor breaches, such as going offline for extended periods (a process known as “slashing”). | ||
3. **Why Stake?** | ||
* Staking allows you to earn rewards without actively trading your coins. | ||
* The returns from staking are often much higher than traditional bank interest rates. | ||
* Popular staking tokens include **Ethereum**, **Tezos**, **Cosmos**, **Solana**, and **LangX**. | ||
## **What Is Staking?** | ||
|
||
* **Staking** involves locking up your crypto coins to participate in maintaining the security and operation of a blockchain network. | ||
* In return for your participation, you earn **rewards** denominated in the native cryptocurrency of that network. | ||
* Think of it as the crypto equivalent of putting money in a high-yield savings account. | ||
|
||
## **How Does Staking Work?** | ||
|
||
* Staking is only possible via the **proof-of-stake (PoS)** consensus mechanism. | ||
* PoS is used by certain blockchains to select honest participants (known as **validators** or **stakers**) and verify new blocks of data added to the network. | ||
* Validators are required to purchase and lock away a certain amount of tokens (their “stake”) to participate. | ||
* By having “skin in the game,” validators ensure they act honestly for the network’s benefit. | ||
* Rewards are distributed to validators based on their stake, with higher stakes increasing the chances of proposing new blocks. | ||
* Validators can also run **staking pools**, where they raise funds from other token holders through delegation. | ||
* Delegators participate by entrusting their coins to stake pool operators who handle the validation process. | ||
* Validators can be penalized for minor breaches, such as going offline for extended periods (a process known as “slashing”). | ||
|
||
## **Why Stake?** | ||
|
||
* Staking allows you to earn rewards without actively trading your coins. | ||
* The returns from staking are often much higher than traditional bank interest rates. | ||
* Popular staking tokens include **Ethereum**, **Tezos**, **Cosmos**, **Solana**, and **LangX**. | ||
|
||
Remember that staking involves unique risks, so always do your research and understand the specifics of each blockchain before participating. Happy staking! 🚀 |
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters