Everything you must know about cryptocurrency staking
Crypto staking is a welcome trend initiated by the advent of Proof-of-Stake (PoS) consensus mechanism in blockchain networks. Ironically, Bitcoin, the crypto king, is not a part of staking given its PoW network- but the majority of crypto coins today allow crypto staking . Staking, essentially, is a process of verifying and validating a new batch of transaction blocks before they are conjoined with the existing chain of the overall blockchain network. A PoS blockchain network needs stakers to stake their coins to complete the verification process. In return, stakers receive the opportunity to earn decent passive income. Are you aspiring to sign up with crypto staking to expand your income portfolio? That’s smart no doubt- but before you proceed, make sure to amp up your know-how on crypto staking to ensure informed staking decisions. What and how of crypto staking As mentioned previously, crypto staking is a validation process used by PoS crypto blockchain network...