crypto news: Understanding staking in cryptocurrency: A guide to passive income - The Economic Times
By A Mystery Man Writer
Description
Staking is a mechanism employed by many blockchain networks to secure and validate transactions on the network. Unlike traditional Proof-of-Work (PoW) consensus algorithms, which rely on miners solving complex mathematical puzzles to validate transactions, Proof-of-Stake (PoS) and other staking-based systems use a different approach.
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