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Staking has become a new cryptocurrency dream. It enables you to take part in blockchain networks, but without pricey rigs and high electricity costs. Besides, it is environmentally friendly, as it doesn’t consume enormous amounts of electricity during the process. As such, it’s possibly the simplest way to generate passive income while requiring you to do absolutely nothing.
What Is Staking
Staking is extremely straightforward and easy to understand. It is a process during which cryptocurrency holders deposit their crypto tokens in order to be active participants in running the blockchain network. This way, they become validators, aka stakers, whose duty is to validate new data added to a blockchain network.
However, stakers don’t perform this duty without a reward. For this reason, staking is an excellent way of earning yield on your crypto holdings. Even though they are...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...