ETH Staking Not an Investment Scheme, ConsenSys Execs Argue
Staking rewards are compensation for services to keep the Ethereum network secure, ConsenSys executives said Monday in a blog post that argued the process should not be confused with an investment. Rewards and fees that network validators might receive are not yield on a loan, nor are they a dividend on investment, argued Consensys General Counsel Matt Corva and Bill Hughes, the company’s director of global regulatory matters. “Staking is a data integrity mechanism that Ethereum and similar b...
ETH Staking Not an Investment Scheme, ConsenSys Execs Argue
Staking rewards are compensation for services to keep the Ethereum network secure, ConsenSys executives said Monday in a blog post that argued the process should not be confused with an investment. Rewards and fees that network validators might receive are not yield on a loan, nor are they a dividend on investment, argued Consensys General Counsel Matt Corva and Bill Hughes, the company’s director of global regulatory matters. “Staking is a data integrity mechanism that Ethereum and similar b...
