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What Does Staking Mean In Crypto. With staking you can generate a passive income by holding coins. In staking, the right to validate transactions is determined by how many tokens or coins are held.
Proof of Work vs Proof of Stake Basic Mining Guide from www.pinterest.com
Essentially, it consists of locking cryptocurrencies to receive rewards. There are specific cryptos that offer an option for you to stake and earn interest. You might have heard of the term staking or proof of stake.
We shall identify these stories specific coins as we proceed.
It means that you have to buy cryptos that give you the staking option. What does staking coins mean? What does it mean to stake cryptocurrency? Staking is an alternative consensus mechanism (way to verify and secure transactions) that allows users to generally secure crypto networks with minimal energy consumption and setup.
