Staking
Locking up cryptocurrency to participate in consensus and earn rewards, while risking penalties for dishonest behavior.
To put it in plain English
It’s a security deposit for being honest. Break the rules, and part of your funds are taken.
Locking up cryptocurrency to participate in consensus and earn rewards, while risking penalties for dishonest behavior.
It’s a security deposit for being honest. Break the rules, and part of your funds are taken.