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As usual when the Youtube channel Whiteboard Crypto posts new content on the internet, you can find it on our site. To watch the latest video called "What is Staking in Crypto (Definition + Rewards + Risks)", it's just above!
The video is doing a very good start since it was uploaded on the Youtube channel of Whiteboard Crypto and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.
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For your information, you can find below the description of the video What is Staking in Crypto (Definition + Rewards + Risks) published by the Youtube channel Whiteboard Crypto:
You might be wondering "What is Staking" when it comes to learning about cryptocurrencies. In this video, we will go over what staking is, how to set it up, and the benefits of it.
Proof Of Stake is a blockchain verification method that is much more energy-efficient and less risky than the more common Proof of Work method. Only one miner is chosen as a time to validate the blockchain, but the miner must lock up some of their coins as collateral to be chosen. The miner is punished for creating any fraudulent transactions by losing their collateral, and rewarded for good transactions by the creation of new coins and with the transaction fees the senders paid.
Learn more about PoW (Proof of Work) :
https://youtu.be/XLcWy1uV8YM
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