Staking is the process of putting reserve assets on the line in order to participate in a Proof-of-Stake cryptonetwork’s consensus mechanism.

     Typically, users lock up assets in a wallet, out of their reach for some amount of time. During staking they become validators on a network and are rewarded for their participation. Staker/validators in Proof-of-Stake environments are the equivalent to miners in a Proof-of-Work environment.

     The reasoning behind staking is to promote honest activity. Actors that lock up value (put skin in the game) are incentive to act honestly because if they are found acting dishonestly their stake is removed, and nobody who commits their value would want to lose their investment.

      Related Terms:



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again. will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.