@humidbunyan5
Staking is the process of holding and locking up a certain amount of a cryptocurrency in a wallet to support the operations of a blockchain network, typically in Proof of Stake (PoS) systems. In return, stakers earn rewards, usually in the form of additional tokens. Staking helps secure the network, validate transactions, and create new blocks. Unlike mining, which is energy-intensive and used in Proof of Work (PoW) systems (like Bitcoin), staking requires far less computational power. It offers a more environmentally friendly way to participate in blockchain networks while generating passive income.
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