Allegra & Victor are back this week to talk all things related to cryptocurrency staking. In this episode, we explain what the heck cryptocurrency staking is, the ways in which an investor may stake their coins/tokens, key risks & benefits of staking cryptocurrency, how important of a consideration proof-of-stake consensus mechanisms are when choosing whether to invest in a particular project, and our approaches to staking cryptocurrency.
Proof-of-stake technology, as a second generation improvement upon the blockchain, has seen an explosion in popularity recently, driven by its improved fundamentals over older proof-of-work consensus mechanisms. SI are here to explain how you can partake in certain networks by 'pledging' or staking your various cryptocurrencies. By becoming an active participant in the blockchain, you are able to earn handsome returns!
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