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rnk · 2023-03-26 23:15:30

Ah, that kind of staking. Thanks.

ProjectArcturis | karma 4068 | avg karma 4.12 · | 2023-03-23 10:46:20

This isn't about coins, it's about staking.

aaaaaaaaata | karma 937 | avg karma 0.58 · | 2022-02-23 08:04:36

You mean payments/yield from staking?

cwkoss | karma 10969 | avg karma 2.94 · | 2023-05-11 15:36:53

There are decentralized staking mechanisms, but you do take risk in exchange for the interest rewards.

programmarchy | karma 1862 | avg karma 1.61 · | 2022-08-24 10:10:58

There are staking pools, just like there were mining pools.

charcircuit | karma 2002 | avg karma 0.38 · | 2022-09-16 03:11:46

You can join a staking pool if you don't have enough.

jononor | karma 3534 | avg karma 1.84 · | 2018-03-31 22:37:00+00:00

That is somewhat analogous to proof of stake, I guess?

pa7x1 | karma 916 | avg karma 3.27 · | 2022-08-24 13:25:57

There are decentralized staking pools. https://rocketpool.net/

imustbeevil | karma | avg karma · | 2022-06-24 17:59:35

Since I don't want to have to respond to all of the cryptos misunderstanding what staking means, you can also just google it:

https://www.coindesk.com/learn/crypto-staking-101-what-is-st...

> Similarly, when you stake your digital assets, you lock up the coins in order to participate in running the blockchain and maintaining its security. In exchange for that, you earn rewards calculated in percentage yields. These returns are typically much higher than any interest rate offered by banks.

https://www.fool.com/investing/stock-market/market-sectors/f...

> The unstaking process may not be immediate; with some cryptocurrencies, you're required to stake coins for a minimum amount of time.

https://academy.binance.com/en/articles/what-is-staking

> Enter Proof of Stake. The main idea is that participants can lock coins (their “stake”), and at particular intervals, the protocol randomly assigns the right to one of them to validate the next block.

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Animats | karma 143047 | avg karma 6.11 · | 2023-02-09 15:23:15

By "staking" do they mean Etherium proof of stake staking, or do they mean loans?

DennisP | karma 18078 | avg karma 2.66 · | 2021-03-10 20:26:34+00:00

You can stake directly if you have 32 ETH. There's also at least one decentralized staking pool being worked on, but I don't think it's live yet.

hanniabu | karma 4817 | avg karma 1.3 · | 2021-01-18 06:13:39+00:00

Would staking resolve that?

dmak | karma 947 | avg karma 1.5 · | 2023-02-10 00:02:30

This is one of the more valid criticisms of staking.

rcme | karma 3962 | avg karma 2.51 · | 2023-08-09 20:04:50

Might want to read about proof of stake.

Trias11 | karma 952 | avg karma 1.37 · | 2021-05-11 06:48:57

Solid crypto projects staking

tim333 | karma 15551 | avg karma 1.53 · | 2022-06-30 08:28:15

There was an interesting take on that stuff in "Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto"

https://archive.ph/41hMi#selection-3923.0-3923.13

Staking is roughly what he calls putting something in the box in that story

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Tenoke | karma 6187 | avg karma 3.29 · | 2021-06-25 09:40:46

There's plenty of crypto (including e.g. ETH) that does so via staking but that wasn't the point anyway.

DennisP | karma 18078 | avg karma 2.66 · | 2022-08-11 18:21:31

5. Staking today also means you're running a validator on the beacon chain, and accumulating a balance that will be respected by the future withdraw function.

kevdragon6 | karma 100 | avg karma 5.88 · | 2023-02-09 15:59:56

SEC also put out this video explaining staking as a service and those offering staking as a service. https://www.youtube.com/watch?v=hmPpIjfC9DY

miohtama | karma 9783 | avg karma 4.13 · | 2021-05-18 20:49:43

You can do pooled staking with small additional risks:

https://capitalgram.com/posts/ethereum-2.0-staking-and-stake...

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