What is staking?

Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain. It involves holding funds in a cryptocurrency wallet to support the operations of a blockchain network. In return for staking their coins, participants may receive rewards, such as additional cryptocurrency, for helping to secure and maintain the network. Staking is a way to contribute to the security and functionality of a blockchain while potentially earning rewards for doing so.

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