Staking

Staking is an integral part of the Proof Of Stake consensus protocol used by 3rd generation cryptocurrencies. As part of PoS miners are required to lodge funds of the crypto currency they are working on as a security/stake. Staking is the action where you can contribute some of your cryptocurrency to a pool which the miners will use to stake. You participate in the rewards/processing fees that miners receive for their efforts.

Staking is an easy opportunity for you to become deeper involved and benefit from mining activities. You should only do this via secure, accredited exchanges or reputable wallets like Atomic so you don’t get burnt.