What is cryptocurrency stacking?

Crypto Staking

Cryptocurrency stacking (staking) is the process of holding a certain amount of crypto assets for a specific period of time. Crypto users can participate in a staking program and lock their funds in the wallets to earn interest. The interest percentage depends on the staking provider and the amount you lock.

Here’s a technical explanation for the same.

“Blockchains based on PoW (Proof of Work) rely on mining mechanisms to add new blocks to the chain. In contrast, blockchains that run using PoS (Proof of Stake) validate new blocks through staking.”

 

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