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Mar 19

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...

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