StakePark

Jan 1

Why should you stake?

Staking cryptocurrency is a comparatively new way of participating in a crypto network. Previously, participation was primarily limited to those who could contribute hardware, electricity or computational power via Proof-of-Work mining to ensure network security while earning rewards, but now it’s open to all thanks to Proof-of-Stake blockchains. All you need is the cryptocurrency itself. Let’s first understand the fundamentals of staking and why it is needed.Why is staking needed?Staking is ...

StakePark

Jan 1

Why should you stake?

Staking cryptocurrency is a comparatively new way of participating in a crypto network. Previously, participation was primarily limited to those who could contribute hardware, electricity or computational power via Proof-of-Work mining to ensure network security while earning rewards, but now it’s open to all thanks to Proof-of-Stake blockchains. All you need is the cryptocurrency itself. Let’s first understand the fundamentals of staking and why it is needed.Why is staking needed?Staking is ...