ID: I202602131746 Status: idea Tags: Cryptocurrency

staking

Staking is the process of actively participating in block validation on proof-of-stake (PoS) blockchains, similar to mining on proof-of-work blockchains. By staking your cryptocurrency, you support network security and earn token rewards.

For most protocols, you cannot sell or send your assets while they’re staked. Once you request to unstake your assets, you’ll need to wait for a period of time before you can access them again. This is known as a lockup period.

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References

• https://en.wikipedia.org/wiki/Proof_of_stake#Description

  revolut learn section

  ID: M202602131550 Status: MOC Tags: Revolut

  revolut learn section

  I was looking through the “Learn” section in the Revolut app and found a section about this topic.

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  Link to original