Crypto Staking

Investing in cryptocurrencies often involves two options: mining the digital currency or buying it directly on a cryptocurrency market. On the other hand, the crypto-curious have another option: staking their crypto holdings.  Everyone in the crypto world needs to understand what “staking” means. Furthermore, to reap the benefits of this technique, investors must understand how staking works. Let us look into Chorus One together in today’s guide. Chorus One is a popular staking choice on the crypto market, as we…

Crypto staking is the most straightforward approach to passively building your crypto holdings. It entails dedicating your digital assets to sustain a network and authenticate transactions.  Instead of obligating blockchain nodes to use expensive computational machines, the Proof-of-Stake (PoS) protocols propose an eco-friendly approach. PoS demands you to stake (delegate) your digital assets and compensate you for doing so. Figment.io (or, simply, “Figment”) is one of the platforms that created strong market traction in the staking field. What does Figment…

MyCointainer, a platform for easy staking, announced it has raised $6 million in a Seed Round. The event was led by Mapleblock and co-led by Shima Capital & Bybit - one of the dominant cryptocurrency exchanges worldwide. Numerous high-profile angel investors also participated in the round. Among them are entities with rich portfolios comprising some of the most renowned industry brands like CoinList, Circle, and Polygon. ConsenSys, Near, 1inch, Algorand, Polkadot, dY/dX, Casper Labs, Mina, Ankr, and Enjin are also…

MyCointainer, a cryptocurrency staking platform, recently raised more than $6 million in a Seed A funding round. The Polish startup will use these funds to help develop and expand its yield earning platform to Asian, European, and Middle Eastern countries.  What Is MyCointainer? MyCointainer’s funding round includes top names within the crypto industry, including Maple Block, Shima Capital, and ByBit exchange. Each of these organizations has a history investing in some of the most successful names in crypto, including 1Inch,…

aelf is one of the fastest developing blockchains in the crypto space. Recently, the team revised its bonus mechanism to better incentivize nodes to participate in the aelf ecosystem. The event exceeded all expectations, including the developers' outlook, after the staking APY reached 7,639%. Today, we take a closer look at the staking mechanism on aelf and how you can profit from it. How Does the aelf Vote Mechanism Work? aelf is an open-source blockchain that aims to support the…

Since the inception of blockchain technology, the world has been introduced to several terms that not many people may know. Similarly, blockchain transactions include fees that may confuse the typical crypto user.  Mining rewards, transaction fees, and staking rewards are three of the most critical charges to successful transactions on a blockchain. Unfortunately, it is not unusual for users to confuse these three terms and mistake one for the other. So, what are mining rewards, transaction fees, and staking rewards?…

The cryptocurrency network requires a robust infrastructure built on blockchain technology to enable it to run smoothly. Furthermore, users in these networks are essential in providing resources to maintain them.  Two processes are essential in maintaining cryptocurrency systems: mining and staking. The mining process requires equipment and attention to monitor. Staking, on the other hand, provides users with a chance to earn coins without the need to mine or the need for high computational power. What is Crypto Staking? Staking involves…

MyCointainer Power is an add-on feature on the MyCointainer platform that enables users to solely concentrate on their assets and rewards with performance, updates, and maintenance cost is taken care of. With MyCointainer Power, you’re able to access all PoS & Masternode coins hosted on MyCointainer.  For starters, MyCointainer employs both PoS coins and Masternodes to enable users to hold crypto on the platform and consequently generate substantial profits. Basically, MyCointainer Power combines both Proofs of Stake coins & Masternode…

In 2009, Satoshi Nakamoto released the first digital coin, dubbed Bitcoin, introducing a concept dubbed proof of work, which would be used to mine the coins. Over ten years later, the currency has supernormal value, but the mining process has proven to be a massive risk for the miners. The proof of work systems uses high electricity. Recently, there was introducing a new concept, proof of stake, aiming to solve problems clouding mining.  The proof of stake concept is an…