More Than Just HODLing: Under Discussed Aspects of PoS

Written by richevans | Published 2023/01/17
Tech Story Tags: crypto | cryptocurrency | proof | staking | staking-rewards | crypto-staking | consensus | hodl

TLDRProof of stake (PoS) offers a more accessible alternative to consensus that incentivizes participation through the promise of rewards. However, there’s much more to staking than just accruing value. On some networks, staking can help offset the machinations of the token’s internal economy, while others provide greater asset mobility or support along one’s crypto journey. Read along as we dive into the headier concepts behind one of crypto’s pivotal features.via the TL;DR App

no story

Written by richevans | Evans is CEX.IO’s Managing Director, U.K.
Published by HackerNoon on 2023/01/17