Has the Purpose of Modern Staking is Dead?
In the early days, staking served a purpose by allowing users to put their coins as collateral for the opportunity to validate blocks, rewarding them for their participation in vital network functions. However, the term 'staking' has gradually been repurposed and redefined. In contemporary contexts, staking appears to be more about receiving additional coins as an incentive for not selling the ones users currently hold, rather than contributing to the network's security. Indeed...
Has the Purpose of Modern Staking is Dead?
In the early days, staking served a purpose by allowing users to put their coins as collateral for the opportunity to validate blocks, rewarding them for their participation in vital network functions. However, the term 'staking' has gradually been repurposed and redefined. In contemporary contexts, staking appears to be more about receiving additional coins as an incentive for not selling the ones users currently hold, rather than contributing to the network's security. Indeed...
