16.1 C
New York
Sunday, April 18, 2021

Offline Staking, Explained

Must read

Eleven dead, 98 injured after train derails in Egypt

World21 minutes ago (Apr 18, 2021 03:21PM ET) 5/5 (C) Reuters. Train derails in Egypt in Qalioubia province, north of Cairo 2/5 CAIRO (Reuters) -Eleven people were killed...

China is studying crypto as an investment tool, says PBoC deputy governor

Cryptocurrency23 minutes ago (Apr 18, 2021 03:20PM ET) China is studying crypto as an investment tool, says PBoC deputy governor Li Bo, recently appointed deputy...

Mexican president to propose extension of welfare programs to curb migration

Commodities32 minutes ago (Apr 18, 2021 03:10PM ET) 2/2 (C) Reuters. FILE PHOTO: Arony Maude from Honduras is carried by her uncle along a motorway in...

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

Sign In/Free Sign Up 0 Cryptocurrency1 hour ago (Apr 18, 2021 02:40PM ET) Peak fear? Bitcoin funding rates crash to lowest levels in 7...
imageCryptocurrency27 minutes ago (Aug 22, 2020 08:00AM ET)

Offline Staking, Explained

Unfortunately, it’s still the case that most staking, whether directly under a pure proof-of-stake model or indirectly using a delegated proof-of-stake consensus, is online. This usually means handing control of your cryptocurrency to a third party or delegating to a random service.

Tezos (XTZ) would be the most similar model to offline staking, since its coins stay liquid and users can set up their own “baker,” or validator, but “bakers” are required to hold at least 10,000 to become a delegate, which costs close to $40,000 at current prices.

Continue Reading on Coin Telegraph

Offline Staking, Explained

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

- Advertisement -

Latest article

Eleven dead, 98 injured after train derails in Egypt

World21 minutes ago (Apr 18, 2021 03:21PM ET) 5/5 (C) Reuters. Train derails in Egypt in Qalioubia province, north of Cairo 2/5 CAIRO (Reuters) -Eleven people were killed...

China is studying crypto as an investment tool, says PBoC deputy governor

Cryptocurrency23 minutes ago (Apr 18, 2021 03:20PM ET) China is studying crypto as an investment tool, says PBoC deputy governor Li Bo, recently appointed deputy...

Mexican president to propose extension of welfare programs to curb migration

Commodities32 minutes ago (Apr 18, 2021 03:10PM ET) 2/2 (C) Reuters. FILE PHOTO: Arony Maude from Honduras is carried by her uncle along a motorway in...

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

Sign In/Free Sign Up 0 Cryptocurrency1 hour ago (Apr 18, 2021 02:40PM ET) Peak fear? Bitcoin funding rates crash to lowest levels in 7...

Israel and Greece sign record defence deal

Stock Markets22 minutes ago (Apr 18, 2021 02:20PM ET) (C) Reuters. FILE PHOTO: Israeli Defence Minister Benny Gantz wears a face mask as he looks...