{"id":7380,"date":"2021-07-14T03:27:00","date_gmt":"2021-07-14T03:27:00","guid":{"rendered":"https:\/\/3.26.50.104\/?page_id=7380"},"modified":"2021-08-05T04:25:48","modified_gmt":"2021-08-05T04:25:48","slug":"what-is-proof-of-stake-pos","status":"publish","type":"page","link":"http:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/","title":{"rendered":"What is Proof of Stake (PoS)?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7380\" class=\"elementor elementor-7380\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8b6a6c9 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"8b6a6c9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f15e642\" data-id=\"f15e642\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b543fc7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b543fc7\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2f21c2d\" data-id=\"2f21c2d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e2affcf elementor-widget elementor-widget-html\" data-id=\"e2affcf\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<a style=\"color: #FFFFFF; \" href=\"javascript:history.go(-1)\" onMouseOver=\"self.status.referrer;return true\">\u2190 Back<\/a>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-831de69 elementor-widget elementor-widget-heading\" data-id=\"831de69\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is Proof of Stake (PoS)?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-785d823\" data-id=\"785d823\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d8dbb8 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"3d8dbb8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"252\" height=\"182\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png\" class=\"attachment-full size-full\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6922f05 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6922f05\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-63f5d06\" data-id=\"63f5d06\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5231d4b elementor-widget elementor-widget-heading\" data-id=\"5231d4b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\">Definition<\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50192cc elementor-widget elementor-widget-text-editor\" data-id=\"50192cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Proof of Stake is a method used to maintain a Blockchain network\u2019s integrity. It is a more efficient alternative to the Proof of Work method aka Bitcoin mining.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ac5dc5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ac5dc5\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6e09303 before-icon-bi\" data-id=\"6e09303\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f977fd4 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"f977fd4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"66\" height=\"109\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/location.png\" class=\"attachment-large size-large\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bf332b elementor-widget__width-auto elementor-widget-mobile__width-auto elementor-widget elementor-widget-heading\" data-id=\"5bf332b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Understanding Proof of Stake (PoS)<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d87b44 elementor-widget elementor-widget-text-editor\" data-id=\"3d87b44\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Proof of Stake is a less-energy intensive alternative to the original model of <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Proof of Work\/Bitcoin mining<\/a>. Both Proof of Stake and <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Proof of Work<\/a> are what\u2019s called <strong>\u2018consensus mechanisms\u2019<\/strong>, which is basically a reliable way of <strong>reaching an agreement in a group<\/strong>.<\/p><p>These mechanisms are used by Blockchain networks (with no single controlling authority) to ensure that:<\/p><ul><li>All cryptocurrency transactions are <strong>valid <\/strong>&amp;<strong><strong> secure<br \/><br \/><\/strong><\/strong><\/li><li>Blocks (which store transactions) are <strong>verified<\/strong> &amp; added to the chain (Learn more about <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-blockchain\" target=\"_blank\" rel=\"noopener\">Blockchain<\/a>).<br \/><br \/><\/li><li>Illegitimate transactions &amp; double spending (spending the same coin twice) are prevented<br \/><br \/><\/li><li>New coins are put into circulation &amp; <strong>trust<\/strong> is created in the network<\/li><\/ul><p>Basically, cryptocurrencies pay people in their own coin to keep the network secure. In the Proof of Stake method users are <strong>rewarded<\/strong> with <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-cryptocurrency\" target=\"_blank\" rel=\"noopener\">cryptocurrency<\/a> for validating transactions and contributing to the network\u2019s security &amp; legitimacy. This is done by <strong>\u2018locking up\u2019<\/strong> or \u2018<strong><a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\" rel=\"noopener\">staking<\/a>\u2019<\/strong> their coins on the network.<\/p><ul><li>The reward a person earns is linked to the <strong>amount staked<\/strong> on the network and is usually paid out from the <strong>network\u2019s transaction fees.<br \/><br \/><\/strong><\/li><li>If someone <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\" rel=\"noopener\">staking<\/a> tries to hack the system or approve invalid transactions, they will be penalised &amp; lose some or all of their staked coins.<br \/><br \/><\/li><li>The core idea behind PoS is that those who stake\/lock up their crypto on the network will want to help keep the network secure because <strong>their staked crypto depends on it<\/strong>.<\/li><\/ul><p>And this is why PoS works \u2013 The more you stake, the more you earn. But at the same time, the more you stake, the more you lose if you go against the system.<\/p><p>If you\u2019re a little confused about Proof of Stake and haven\u2019t fully grasped what a Blockchain is, check out our super simple explanation <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-blockchain\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eee82c2 elementor-widget elementor-widget-heading\" data-id=\"eee82c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Why is proof-of-anything needed?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba80bc8 elementor-widget elementor-widget-text-editor\" data-id=\"ba80bc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Before we breakdown how Proof of Stake works, it helps to understand why we need these <strong>\u2018consensus mechanisms\u2019<\/strong> in the first place.<\/p><p>In the traditional centralised banking system:<\/p><ul><li>All transactions &amp; balances are kept on a <strong>private<\/strong> ledger that is controlled &amp; verified by the bank.<br \/><br \/><\/li><li>We are completely dependent on third parties who we trust to maintain the integrity of the ledger, despite not everyone trusting banks to responsibly protect their savings (as seen in the global financial crisis of 2008).<br \/><br \/><\/li><li>The bank\u2019s ledger is stored in a<strong> single, centralised location<\/strong>, which also means there is a single point of failure that hackers can target.<\/li><\/ul><p>And then there\u2019s the world of cryptocurrency and <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-defi-decentralised-finance\" target=\"_blank\" rel=\"noopener\">decentralised finance<\/a>. For a long time, the idea of <strong>decentralised money<\/strong> that was owned and powered by people was impossible for several reasons. However, Bitcoin\u2019s <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Proof of Work<\/a> method changed the game by providing:<\/p><ul><li>A <strong>reliable &amp; trustworthy<\/strong> way for a ledger of transactions &amp; balances to be maintained among a huge number of people who don\u2019t know each other<br \/><br \/><\/li><li>A solution to the problem of <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-double-spending\" target=\"_blank\" rel=\"noopener\"><strong>double spending<\/strong><\/a>, where users can attack the network &amp; spend the same coin twice<br \/><br \/><\/li><li>A banking network &amp; ledger that was <strong>collectively owned &amp; maintained<\/strong> by people all over the world, making a cyber-attack virtually impossible<br \/><br \/><\/li><li>A way for trust to be <strong>built into the network itself<\/strong>, removing the need for banks, enabling decentralised money and changing finance forever<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8d5339 elementor-widget elementor-widget-heading\" data-id=\"a8d5339\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Proof of Stake vs Proof of Work<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa2df6c elementor-widget elementor-widget-text-editor\" data-id=\"aa2df6c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Originally, cryptocurrencies, namely Bitcoin, used <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Proof of Work<\/a> to secure its network. This method is commonly known as \u2018<a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a>\u2019, and it involves running lots of powerful computers around the globe to create new Bitcoin, validate transactions and keep the network secure.<\/p><p>While this method paved the way for decentralised digital currencies, as networks grew it became incredibly resource intensive (both expensive &amp; taxing on the environment), so a more efficient way in <strong>Proof of Stake<\/strong> was born.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bd2ba3 elementor-widget elementor-widget-heading\" data-id=\"8bd2ba3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How does Proof of Stake (PoS) \/ Staking actually work?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6122c48 elementor-widget elementor-widget-text-editor\" data-id=\"6122c48\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Proof of Stake makes a Blockchain\u2019s consensus mechanism <strong>completely virtual<\/strong> and far more efficient. Instead of using \u2018miners\u2019, Proof of Stake uses \u2018<strong>validators\u2019<\/strong>, \u2018<strong>stakers\u2019<\/strong> or<strong> \u2018forgers\u2019 <\/strong>(used interchangeably) who lock up a portion of their cryptocurrency in a <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-a-smart-contract\" target=\"_blank\" rel=\"noopener\">smart contract<\/a> on the network and are rewarded in cryptocurrency for helping validate transactions.<\/p><p>Once your coins, or <strong>\u2018stake\u2019<\/strong> is locked up (meaning you can\u2019t access them for a certain period of time), you enter into a <strong>\u2018staking agreement\u2019<\/strong> and vote to approve transactions. \u00a0Although active participation in the network is recommended, in most cases and for most users, you don\u2019t actually have to \u2018vote\u2019 as the process happens <strong>automatically<\/strong>.<\/p><p>While staking rules vary by network, the following provides us with a general idea of a staking agreement:<\/p><ol><li>The staker agrees that they\u2019ll only validate valid transactions on the network, e.g., they will not vote to approve\u00a0<a href=\"https:\/\/www.investopedia.com\/terms\/d\/doublespending.asp\">double spend<\/a>\u00a0transactions.<br \/><br \/><\/li><li>In exchange for approving valid transactions, the network rewards the staker with a staking reward.<br \/><br \/><\/li><li>If a staker votes to approve illegal transactions, they may lose some or all of their stake.<\/li><\/ol><p>Now that we understand what a staking agreement looks like, here\u2019s <strong>how staking actually works:<br \/><\/strong><\/p><ul><li>First, in order to get the chance to validate transactions, a person must lock up at least the minimum amount in a <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-a-smart-contract\" target=\"_blank\" rel=\"noopener\">smart contract<\/a> on the network.<br \/><br \/><\/li><li>Validators who lock up their coins are then <strong>randomly selected<\/strong> at specific intervals to create a block (and thus earn a staking reward).<br \/><br \/><\/li><li>The \u2018stake\u2019 is what incentivises validators to maintain network security. If they fail to do that, the network would be insecure and their <strong>entire stake<\/strong> might be at risk.<br \/><br \/><\/li><li>Validators lose part or all of their stake if they approve an invalid transaction or attempt to attack the network.<br \/><br \/><\/li><li>Participants who stake <strong>larger amounts<\/strong> have a <strong>higher chance<\/strong> of being chosen as the next block validator. Usually, there is a minimum amount needed to stake your crypto (unless you use a <a href=\"https:\/\/academy.binance.com\/en\/glossary\/staking-pool\">staking pool<\/a>).<br \/><br \/><\/li><li>A <strong>staking pool<\/strong> allows multiple stakeholders to <strong>combine<\/strong> their initial investment and staking power, increasing their chances of being rewarded.<br \/><br \/><\/li><li>Various other methods exist to ensure that the wealthiest people are not constantly winning the rewards. These take into account the staking age of the coins, randomisation and the staker\u2019s wealth.<br \/><br \/><\/li><li>While Proof of Work requires a lot of equipment, staking is almost <strong>completely virtual<\/strong>, requires minimal upfront costs &amp; is far more accessible to regular people.<\/li><\/ul><p>So, to recap, instead of competing for the next block by solving a complex algorithm (mining), PoS validators are randomly selected based on <strong>the number of coins<\/strong> they are staking, and <strong>how long<\/strong> they have been staked.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53b28ab elementor-widget elementor-widget-heading\" data-id=\"53b28ab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Earning Passive Income through Staking<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-238dc00 elementor-widget elementor-widget-text-editor\" data-id=\"238dc00\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>From a staker\/validator\u2019s perspective, <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\" rel=\"noopener\">staking<\/a> is a lot like <strong>earning interest<\/strong> through a regular savings account. Like a traditional bank account, the longer you leave your money in there the better, and the more coins you stake the more you will earn back.<\/p><p>However, those interested in staking should know that:<\/p><ul><li>The period in which you stake your coins can vary. If you want to access your \u2018locked\u2019 coins before the agreed upon period, there will be a penalty of some kind.<br \/><br \/><\/li><li>Profit is not guaranteed in staking and your coins will essentially be \u2018locked\u2019 for a time period, making them subject to market volatility.<br \/><br \/><\/li><li>Staking suits <strong>long-term holders<\/strong> who will not need to access their coins in the short-term.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-397911c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"397911c\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9d4616f\" data-id=\"9d4616f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-878107f elementor-widget elementor-widget-image\" data-id=\"878107f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"241\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body.png 680w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/illustration-body-300x106.png 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b4d4d6b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b4d4d6b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fd03b55\" data-id=\"fd03b55\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-eac0b1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eac0b1b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-bf16f1a\" data-id=\"bf16f1a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-632f9b7 elementor-widget elementor-widget-heading\" data-id=\"632f9b7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Key Takeaways\n\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-200c7a4 list-bg-bi elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"200c7a4\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Both Proof of Stake & Proof of Work are consensus mechanisms which allow a <b>decentralised<\/b> network & ledger that is not controlled by an authority to be maintained<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Proof of Stake was created as a more efficient & sustainable alternative to Proof of Work\/mining<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">PoS serves the same function as mining (maintaining the integrity of the network) but with minimal upfront costs & energy usage<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Stakers\/validators are <b>randomly<\/b> selected to receive a staking reward based primarily on <b>the number of coins<\/b> they are staking<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">PoW-based systems create crypto as rewards for miners, whereas PoS systems usually use <b>transaction fees<\/b> as the rewards for stakers\/validators<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Staking lets you earn <b>passive income<\/b> off your crypto investments while you help validate transactions & keep the network secure<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f11d0e4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f11d0e4\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f8df688\" data-id=\"f8df688\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f06defe elementor-widget elementor-widget-image\" data-id=\"f06defe\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"464\" height=\"506\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2.png 464w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/img2-275x300.png 275w\" sizes=\"auto, (max-width: 464px) 100vw, 464px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a96ff6 elementor-widget elementor-widget-heading\" data-id=\"6a96ff6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Did this answer your question?\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dea3a4 elementor-widget__width-auto elementor-widget elementor-widget-shortcode\" data-id=\"8dea3a4\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_7380\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-theme=\"custom\"  data-btn_size=\"28\"  data-icon_l=\"thmb7-u\"  data-icon_d=\"thmb7-d\"  data-icon_size=\"24\"  data-show_like_label=\"false\"  data-icon_like_show=\"false\"  data-counter_type=\"percent\"  data-tooltip_enabled=\"false\"  data-white_label=\"true\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\"  data-item_title=\"What is Proof of Stake (PoS)?\"  data-item_date=\"2021-07-14T03:27:00+10:00\"  data-engine=\"WordPress\"  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fa-telegram-plane\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a49b045 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a49b045\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dc4448a\" data-id=\"dc4448a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d393896 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"d393896\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ready to start trading the easy way ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a17797 elementor-align-center gradiant-btn-bi elementor-widget elementor-widget-button\" data-id=\"4a17797\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" target=\"_blank\" class=\"elementor-button-link elementor-button elementor-size-md elementor-animation-shrink\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Sign up with Digital Surge<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-578e4b8 elementor-widget elementor-widget-heading\" data-id=\"578e4b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Simple. Safe. Stress-free<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-abd9e78 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"abd9e78\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a4c60c7\" data-id=\"a4c60c7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e2795dd elementor-widget elementor-widget-text-editor\" data-id=\"e2795dd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><a href=\"http:\/\/digitalsurge.com.au\/\" target=\"_blank\" rel=\"noopener\">Digital Surge<\/a>\u00a0is the easiest way for Australians to\u00a0<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" target=\"_blank\" rel=\"noopener\">buy, sell &amp; store over 250+ cryptocurrencies<\/a>. With extremely low fees, a uniquely user-friendly interface and a customer-support team you can rely on, getting involved in crypto has never been easier.\u00a0<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" target=\"_blank\" rel=\"noopener\">Sign up<\/a>\u00a0today and enjoy safe, stress-free trading.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bb2883 elementor-widget elementor-widget-text-editor\" data-id=\"5bb2883\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><i>Crypto-curious? The time you spend here will be the best investment you ever make.<\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f15b29 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f15b29\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-711753f\" data-id=\"711753f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-22b6172 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"22b6172\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-75af811 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75af811\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-051d9ec\" data-id=\"051d9ec\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc5abc2 elementor-widget elementor-widget-heading\" data-id=\"fc5abc2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Tell me more...<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0a3397 elementor-widget elementor-widget-heading\" data-id=\"d0a3397\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#how-are-staking-rewards-calculated\">How are staking rewards calculated?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f91fc39 elementor-widget elementor-widget-heading\" data-id=\"f91fc39\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#what-are-the-benefits-of-staking-crypto\">What are the benefits of staking crypto?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddccbd2 elementor-widget elementor-widget-heading\" data-id=\"ddccbd2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#how-does-mining-proof-of-work-work\">How does mining (Proof of Work) work?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9266899 elementor-widget elementor-widget-heading\" data-id=\"9266899\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#why-is-proof-of-stake-better-than-proof-of-work\">Why is Proof of Stake better than Proof of Work?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69c99c8 elementor-widget elementor-widget-heading\" data-id=\"69c99c8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#what-is-double-spending\">What is double spending?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-516a147 elementor-widget elementor-widget-heading\" data-id=\"516a147\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#how-does-the-proof-of-stake-randomisation-process-work\">How does the Proof of Stake randomisation process work?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-527562d elementor-widget elementor-widget-heading\" data-id=\"527562d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#how-does-the-proof-of-stake-method-stop-the-wealthiest-stakers-from-constantly-winning-the-reward\">How does the Proof of Stake method stop the wealthiest stakers from constantly winning the reward?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8f5ca0 elementor-widget elementor-widget-heading\" data-id=\"d8f5ca0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#coin-age-selection\">Coin Age Selection<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ef485d elementor-widget elementor-widget-heading\" data-id=\"5ef485d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#randomised-block-selection\">Randomised Block Selection<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75ff102 elementor-widget elementor-widget-heading\" data-id=\"75ff102\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#which-coins-use-the-proof-of-stake-method\">Which coins use the Proof of Stake method?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8fa05b elementor-widget elementor-widget-heading\" data-id=\"a8fa05b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#what-is-a-staking-pool\">What is a staking pool?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-411f282 elementor-widget elementor-widget-heading\" data-id=\"411f282\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#why-do-proof-of-stake-networks-have-built-in-inflation\">Why do Proof of Stake networks have built-in inflation?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20ab45b elementor-widget elementor-widget-heading\" data-id=\"20ab45b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#what-are-some-of-the-risks-of-staking-cryptocurrency\">What are some of the risks of staking cryptocurrency?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de3d14d elementor-widget elementor-widget-heading\" data-id=\"de3d14d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#how-do-i-make-money-from-staking\">How do I make money from staking?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d5f846 elementor-widget elementor-widget-heading\" data-id=\"9d5f846\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h6 class=\"elementor-heading-title elementor-size-default\"><a href=\"#which-cryptocurrencies-can-you-stake-and-earn-passive-income-from\">Which cryptocurrencies can you stake & earn passive income from?<\/a><\/h6>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71859d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71859d3\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a71a75\" data-id=\"2a71a75\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5244f0b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5244f0b\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8551f93 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8551f93\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d362f85\" data-id=\"d362f85\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef9c109 elementor-widget elementor-widget-menu-anchor\" data-id=\"ef9c109\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-are-staking-rewards-calculated\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7d7410 elementor-widget elementor-widget-heading\" data-id=\"f7d7410\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How are staking rewards calculated?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8c53ec elementor-widget elementor-widget-text-editor\" data-id=\"c8c53ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Staking rewards differ between Blockchains, but the main factors that influence your staking reward include:<\/p><ol><li>The number of coins you are \u2018locking up\u2019<\/li><li>The active time period you are staking<\/li><li>The total amount of coins staked in the network<\/li><li>The inflation rate\u00a0<\/li><li>A few other minor factors in the network<\/li><\/ol><p>In some Blockchain networks, the rewards are fixed percentages and are given to you, the validator, as compensation for inflation (the need for in-built inflation is explained near the end of the article). <\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b6262e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b6262e6\" data-element_type=\"section\" id=\"content-1\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-60fa4dc\" data-id=\"60fa4dc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c2c293e elementor-widget elementor-widget-menu-anchor\" data-id=\"c2c293e\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"what-are-the-benefits-of-staking-crypto\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5ac06b elementor-widget elementor-widget-heading\" data-id=\"b5ac06b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What are the benefits of staking crypto?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16d3123 elementor-widget elementor-widget-text-editor\" data-id=\"16d3123\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<ul><li>The ability to earn <strong>passive income<\/strong> off your crypto investments while helping to keep the network secure by validating transactions<br \/><br \/><\/li><li>Compared to <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">mining<\/a>, there is a lower barrier to entry (depending on the coin) and there is no need to continuously purchase costly hardware and consume unnecessary amounts of energy<br \/><br \/><\/li><li>Unlike the Proof of Work system, where coins are rewarded through a random process which gives you a fairly low probability of winning a big reward, staking offers a more <strong>steady &amp; predictable<\/strong> source of income<br \/><br \/><\/li><li>Digital currencies <strong>remove<\/strong> the need for relying on banks, the stock exchange or traditional brokers for earning passive income on an investment<br \/><br \/><\/li><li>Mining hardware loses value over time. The value of your s in the market value of that crypto)<\/li><\/ul><p>Cardano (ADA) is an example of a cryptocurrency that uses staking, while older cryptocurrencies like Bitcoin rely on mining and the Proof of Work method. Other cryptocurrencies (including Ethereum) are currently <strong>transitioning<\/strong> from mining (PoW) to a staking (PoS) model.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3912e3a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3912e3a\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-32140f9\" data-id=\"32140f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-436ad89 elementor-widget elementor-widget-menu-anchor\" data-id=\"436ad89\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd838b7 elementor-widget elementor-widget-menu-anchor\" data-id=\"bd838b7\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1a22ff elementor-widget elementor-widget-menu-anchor\" data-id=\"b1a22ff\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b03047 elementor-widget elementor-widget-heading\" data-id=\"4b03047\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How does mining (Proof of Work) work?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-209ed49 elementor-widget elementor-widget-text-editor\" data-id=\"209ed49\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>The <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Proof of Work<\/a> method, more commonly known as <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a>, is the complex process that powers Bitcoin &amp; other cryptocurrencies. Mining involves solving <strong>complex mathematical puzzles<\/strong> with powerful computers and serves <strong>two<\/strong> <strong>primary purposes<\/strong>:<\/p><ol><li>To verify the legitimacy of a transaction, helping to avoid fraudulent transactions &amp; the problem of double spending<\/li><li>To create new cryptocurrency by rewarding miners for performing the previous task.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-053810b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"053810b\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-655e5e7\" data-id=\"655e5e7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b6eecf elementor-widget elementor-widget-menu-anchor\" data-id=\"1b6eecf\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c8a104 elementor-widget elementor-widget-menu-anchor\" data-id=\"5c8a104\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c80b071 elementor-widget elementor-widget-menu-anchor\" data-id=\"c80b071\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"why-is-proof-of-stake-better-than-proof-of-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be67b25 elementor-widget elementor-widget-heading\" data-id=\"be67b25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Why is Proof of Stake better than Proof of Work?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-995d9bd elementor-widget elementor-widget-text-editor\" data-id=\"995d9bd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><strong>Energy Consumption <br \/><\/strong><br \/>You\u2019ve probably heard about how <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a> sucks as much power as some small countries. While there is A LOT of misinformation around this topic, the energy consumption of Bitcoin mining is no joke \u2013 even if many mining rigs do run primarily on renewable energy.<\/p><p>Proof of Stake does not require complex mathematical problems to be solved by super computers. Instead, it takes its consensus mechanism completely virtual by requiring validators to lock up their coins in the network in order to validate transactions and earn a reward. PoS is far more environmentally friendly and accessible for the everyday person, which is why so many cryptos are moving to the PoS model.<\/p><p><strong>Less Centralisation<\/strong><\/p><p>Proof of Work Blockchains give people who purchase\u00a0powerful hardware devices\u00a0<strong>a greater chance<\/strong> of winning the mining reward, which opens the system up to be <strong>manipulated<\/strong> and <strong>centralised<\/strong>. For example, several centralised organisations have invested in a huge amount of high-tech mining equipment to create powerful \u2018mining pools\u2019 which allows them to pool their resources together to get a very high chance of solving the puzzle first.<\/p><p>This is not at all what Bitcoin envisioned when it began and too much mining power in a single group could prove dangerous for the legitimacy of the network (though it hasn\u2019t yet). On top of the centralisation of what should be a <strong>decentralised<\/strong> system, there are a handful of mining pools that possess <strong>more than half<\/strong> the total Bitcoin mining power, the <strong>majority<\/strong> of which are in China.<\/p><p>This means regular people have very little chance of earning the mining reward, which is hardly what Satoshi Nakamoto had in mind when Bitcoin was first created! Proof of Stake on the other hand does not allow this kind of centralisation to occur as people are individually rewarded proportionate to the amount they have staked. No monopolies here!<\/p><p><strong>Protection against 51% attacks<\/strong><\/p><p>\u00a0A\u00a0 allowing them to authorise invalid transactions, alter blocks and essentially steal money and destroy the trust in the network.\u00a0 <br \/><strong><br \/><\/strong>When using a\u00a0<strong>Proof of Stake<\/strong>\u00a0consensus mechanism, for a 51% attack to be achieved, the attacker would need to stake at least 51% of the total amount of cryptocurrency in circulation. The only way to do this is to purchase the coins on the open market which does not make financial sense.<\/p><p>Given that buying an amount this substantial on the market would also send the price of the asset up, the amount they would need to spend would far outweigh what they could gain from trying a 51% attack in the first place! On top of that, if the network realised that the attacker was approving invalid transactions, they would lose their entire stake.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c377d37 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c377d37\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5ef750f\" data-id=\"5ef750f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35ca575 elementor-widget elementor-widget-menu-anchor\" data-id=\"35ca575\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccfb014 elementor-widget elementor-widget-menu-anchor\" data-id=\"ccfb014\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9810cec elementor-widget elementor-widget-menu-anchor\" data-id=\"9810cec\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"what-is-double-spending\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16511c8 elementor-widget elementor-widget-heading\" data-id=\"16511c8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What is double spending?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ce5f34 elementor-widget elementor-widget-text-editor\" data-id=\"2ce5f34\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-double-spending\" target=\"_blank\" rel=\"noopener\">Double spending<\/a> is one of the main challenges faced by all cryptocurrencies. It is essentially where a unit of crypto can potentially be spent twice, meaning false and illegitimate transactions could occur.<\/p><p>If double spending was to occur successfully, it would completely undermine the security &amp; trust of the entire network, destroying any value that digital currency had.<\/p><p>This problem is why digital currencies like Bitcoin use Blockchain technology combined with complex cryptographic algorithms to secure and uphold their ledger of transactions &amp; balances. Bitcoin was the first digital currency to solve the problem of double spending through its Blockchain\u2019s Proof of Work mechanism, more commonly known as \u2018<a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-bitcoin-mining-proof-of-work\/\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a>\u2019.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-216aebb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"216aebb\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c45e606\" data-id=\"c45e606\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0ae3e2 elementor-widget elementor-widget-menu-anchor\" data-id=\"f0ae3e2\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a47817 elementor-widget elementor-widget-menu-anchor\" data-id=\"8a47817\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f26b00 elementor-widget elementor-widget-menu-anchor\" data-id=\"7f26b00\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-the-proof-of-stake-randomisation-process-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-94bd1cc elementor-widget elementor-widget-heading\" data-id=\"94bd1cc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How does the Proof of Stake randomisation process work?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23a9979 elementor-widget elementor-widget-text-editor\" data-id=\"23a9979\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Assuming you have staked the minimum amount required by the network, your\u00a0<strong>chances of winning<\/strong>\u00a0the reward (usually paid for by the network\u2019s <em>transaction fees<\/em>) is dependent on the amount of coins you have staked and <strong>the percentage<\/strong> that your stake makes up of the network\u2019s total circulation of coins.<\/p><p>EXAMPLE<\/p><ol><li>You want to stake coins to earn some Proof of Stake rewards on a particular cryptocurrency network.<br \/><br \/><\/li><li>The network has a total of 5000 coins in circulation.<br \/><br \/><\/li><li>You buy 500 coins and stake them all.<br \/><br \/><\/li><li>You have now staked 10% of the total coins in circulation, giving you a 10% chance of winning the staking reward each time a new block is added to the chain.<\/li><\/ol><p>To sum it up, while Proof of Work\u00a0and mining requires all miners to attempt to solve a complex sum (which isn\u2019t efficient), with the winner determined by who has the most powerful hardware, Proof of Stake\u00a0<strong>randomly<\/strong> chooses a winner based predominantly on the amount they have staked.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8d6a53e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8d6a53e\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3381b9c\" data-id=\"3381b9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-277dad3 elementor-widget elementor-widget-menu-anchor\" data-id=\"277dad3\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27041e6 elementor-widget elementor-widget-menu-anchor\" data-id=\"27041e6\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c12b05 elementor-widget elementor-widget-menu-anchor\" data-id=\"2c12b05\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-the-proof-of-stake-method-stop-the-wealthiest-stakers-from-constantly-winning-the-reward\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d40211b elementor-widget elementor-widget-heading\" data-id=\"d40211b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How does the Proof of Stake method stop the wealthiest stakers from constantly winning the reward?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e03fd03 elementor-widget elementor-widget-text-editor\" data-id=\"e03fd03\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>One criticism of the Proof of Stake method is that it is very similar to mining as those with the most resources get the biggest rewards (like any capitalist market). However, this idea of the rich getting richer is not ideal for a currency that attempts to give power back to regular people. <br \/><br \/>For PoS to not favour only the wealthiest nodes in the network, other methods have been added to the selection process. Two of the most popular methods are \u2018Randomised Block Selection\u2019 and \u2018Coin Age Selection\u2019.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a3ef4ea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a3ef4ea\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f342d8\" data-id=\"4f342d8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cff4ee4 elementor-widget elementor-widget-menu-anchor\" data-id=\"cff4ee4\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdffa09 elementor-widget elementor-widget-menu-anchor\" data-id=\"cdffa09\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ac54595 elementor-widget elementor-widget-menu-anchor\" data-id=\"ac54595\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"coin-age-selection\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b794f9a elementor-widget elementor-widget-heading\" data-id=\"b794f9a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Coin Age Selection<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a0c71b7 elementor-widget elementor-widget-text-editor\" data-id=\"a0c71b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>This method chooses nodes based on how long their tokens have been staked for, rather than just how big their stake is. Coin age is the time coins have been staked multiplied by the number of coins that are staked. <br \/><br \/>Once a staker has been chosen to add a new a block of transactions, their coin age resets to zero and they must wait a period of time before being able to add another block. This helps to stop stakers with big stakes from dominating the staking rewards.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17214f4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17214f4\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5e0d30b\" data-id=\"5e0d30b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64e6d25 elementor-widget elementor-widget-menu-anchor\" data-id=\"64e6d25\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dc5d6bc elementor-widget elementor-widget-menu-anchor\" data-id=\"dc5d6bc\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cac8aae elementor-widget elementor-widget-menu-anchor\" data-id=\"cac8aae\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"randomised-block-selection\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0711d02 elementor-widget elementor-widget-heading\" data-id=\"0711d02\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Randomised Block Selection<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b3579e elementor-widget elementor-widget-text-editor\" data-id=\"3b3579e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>With this method, stakers are selected by looking for nodes with a combination of the lowest hash value (staking power) and the highest stake. <br \/><br \/>However, these methods are not full-proof and the rich still do get richer in many ways. At the end of the day, each PoS network has their own rules and methods for what they think will provide them and their users with the best outcome.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-adfd2a9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"adfd2a9\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-eb8c6b3\" data-id=\"eb8c6b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-15d3dea elementor-widget elementor-widget-menu-anchor\" data-id=\"15d3dea\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3620099 elementor-widget elementor-widget-menu-anchor\" data-id=\"3620099\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3236082 elementor-widget elementor-widget-menu-anchor\" data-id=\"3236082\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"which-coins-use-the-proof-of-stake-method\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2254624 elementor-widget elementor-widget-heading\" data-id=\"2254624\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Which coins use the Proof of Stake method?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-468154a elementor-widget elementor-widget-text-editor\" data-id=\"468154a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>Many coins now use the PoS method and many others, including Ethereum, are <strong>transitioning<\/strong> from Proof of Work to Proof of Stake. A few notable coins already running on the Proof of Stake method include:<strong><br \/><\/strong><\/p><p><strong>Binance coin<\/strong> \u2013 BNB is the native coin of popular exchange Binance.<\/p><p><strong>Cardano<\/strong> \u2013 A decentralised public blockchain that is based on a scientific philosophy and a research-driven approach.<\/p><p><strong>Tezos<\/strong> \u2013 A multipurpose blockchain with on-chain governance.<\/p><p><strong>Raydium<\/strong> \u2013 An automated market maker on Solana platforms, which boasts high transactions per second and fast settlement.<br \/><br \/><a href=\"https:\/\/neo.org\/\"><strong>NEO<\/strong><\/a> \u2013 The first Chinese open-source Blockchain project, labelling itself as a \u2018distributed network for the smart economy\u2019.<br \/><br \/><strong>Flow Token<\/strong> \u2013 Flow is an independent Layer 1 blockchain for games and NFT.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-59b0f52 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"59b0f52\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9b336f8\" data-id=\"9b336f8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-be9cecf elementor-widget elementor-widget-menu-anchor\" data-id=\"be9cecf\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcb5fff elementor-widget elementor-widget-menu-anchor\" data-id=\"dcb5fff\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-195beef elementor-widget elementor-widget-menu-anchor\" data-id=\"195beef\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"what-is-a-staking-pool\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3016d1e elementor-widget elementor-widget-heading\" data-id=\"3016d1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What is a staking pool?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c2832a elementor-widget elementor-widget-text-editor\" data-id=\"7c2832a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>A staking pool is where a group of stakeholders of a coin pool their stakes together to increase the chance of receiving staking rewards. Some coins require a fairly <strong>high minimum staked amount<\/strong>, so this can be handy for new &amp; casual investors.\u00a0\u00a0<\/p><p>Staking Pools provide more flexibility for each individual staker in the network. Thus, joining in the stake pool may be better for new users than staking solo.\u00a0Essentially, users <strong>combine<\/strong> their\u00a0staking\u00a0to more effectively validate new transactions\/blocks, increasing their collective probability of earning consistent rewards.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c35a642 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c35a642\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d91a973\" data-id=\"d91a973\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed7ad1e elementor-widget elementor-widget-menu-anchor\" data-id=\"ed7ad1e\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d210c9 elementor-widget elementor-widget-menu-anchor\" data-id=\"7d210c9\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e61658e elementor-widget elementor-widget-menu-anchor\" data-id=\"e61658e\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"why-do-proof-of-stake-networks-have-built-in-inflation\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8bb5782 elementor-widget elementor-widget-heading\" data-id=\"8bb5782\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Why do Proof of Stake networks have built-in inflation?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00115ad elementor-widget elementor-widget-text-editor\" data-id=\"00115ad\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>PoS cryptocurrencies have a <strong>built-in inflation mechanism<\/strong> that increases the supply of coins\/tokens. These new coins are created and distributed proportionally to the coins that have been staked.<\/p><p>If every person in the network were to participate in staking, everyone\u2019s stake would remain the same because the new supply is distributed <strong>proportionally<\/strong> to those who are staking (in this case everyone). With the PoS system, anyone who <strong>does not<\/strong> stake their coins is not helping secure the network and is effectively punished with <strong>token dilution.<\/strong><\/p><p>Thus, staking is designed to encourage <strong>every owner<\/strong> of a crypto to participate in the network. They are incentivized by the fact that their token ownership will be diluted through the built-in inflation mechanism if they do not. The process of inflation also encourages users to spend their crypto coins rather than only holding them, increasing their usage and flow through the system.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-55606c9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"55606c9\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-abb744b\" data-id=\"abb744b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-877ed2f elementor-widget elementor-widget-menu-anchor\" data-id=\"877ed2f\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-352b463 elementor-widget elementor-widget-menu-anchor\" data-id=\"352b463\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10e0df4 elementor-widget elementor-widget-menu-anchor\" data-id=\"10e0df4\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"what-are-some-of-the-risks-of-staking-cryptocurrency\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-be6e613 elementor-widget elementor-widget-heading\" data-id=\"be6e613\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">What are some of the risks of staking cryptocurrency?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68651b8 elementor-widget elementor-widget-text-editor\" data-id=\"68651b8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>While staking can be a great way to <a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\" rel=\"noopener\">earn passive income on your cryptocurrency<\/a>, by locking your coins up on a network you open yourself up to the possibility\u00a0 of the value of your assets rising\/falling with the market.<\/p><p>As your coins will be in a locked state for a period of time (the longer you stake the higher the gains), the amount earned through staking may not be enough to cover the price depreciation during a strong downwards trend, and some market volatility is always to be expected.<\/p><p>There are also other minor risks and drawbacks that include:<\/p><ul><li>A lack of liquidity of your staked asset<\/li><li>Lockup periods where your coins are inaccessible<\/li><li>Delayed rewards (having to wait for rewards to be paid out)<\/li><li>Vulnerability of the platform you are staking on<\/li><li>Minimal rewards (rewards for staking are comparably less than the usual rewards for blocks earned through mining)<\/li><\/ul><p>Even though staking on a well-established network is fairly a low-risk-low-reward strategy, there are no guarantees of returns for staking, and you should always <a href=\"https:\/\/digitalsurge.com.au\/education\/how-to-do-your-own-research-dyor-in-crypto\" target=\"_blank\" rel=\"noopener\">DYOR<\/a> before locking up your coins! For a guide on how to stay safe while trading crypto, click <a href=\"https:\/\/digitalsurge.com.au\/education\/how-to-stay-safe-trading-crypto\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d9ae449 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d9ae449\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51f1e71\" data-id=\"51f1e71\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b0b4f2 elementor-widget elementor-widget-menu-anchor\" data-id=\"1b0b4f2\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c2405a elementor-widget elementor-widget-menu-anchor\" data-id=\"9c2405a\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09a6a71 elementor-widget elementor-widget-menu-anchor\" data-id=\"09a6a71\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-do-i-make-money-from-staking\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdacc6b elementor-widget elementor-widget-heading\" data-id=\"cdacc6b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">How do I make money from staking?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74903d6 elementor-widget elementor-widget-text-editor\" data-id=\"74903d6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>The options for staking are endless, with more and more cryptocurrencies offering this feature. A good place to start is <a href=\"https:\/\/www.stakingrewards.com\/\">StakingRewards.com<\/a>. Staking on Ethereum is becoming increasingly common but it is well worth doing a bit of research and finding out what the staking return for a certain coin is and what the minimum staking investment is (it is currently 32 ETH for the Ethereum network (though there are always staking pools)).<\/p><p>Another great resource is the\u00a0<a href=\"https:\/\/www.exodus.io\/blog\/best-proof-of-stake-coins\/\">Best Proof of Stake Coins<\/a> which tells you which coins have the highest staking reward and the easiest way that you can stake them in order to start earning passive income.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64d956f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64d956f\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c531ca\" data-id=\"2c531ca\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cd6c250 elementor-widget elementor-widget-menu-anchor\" data-id=\"cd6c250\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34f799a elementor-widget elementor-widget-menu-anchor\" data-id=\"34f799a\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"how-does-mining-proof-of-work-work\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d8d70c elementor-widget elementor-widget-menu-anchor\" data-id=\"9d8d70c\" data-element_type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"which-cryptocurrencies-can-you-stake-and-earn-passive-income-from\" class=\"elementor-menu-anchor\"><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fc5cd8 elementor-widget elementor-widget-heading\" data-id=\"6fc5cd8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Which cryptocurrencies can you stake & earn passive income from?<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21cfa3a elementor-widget elementor-widget-text-editor\" data-id=\"21cfa3a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p>There are now a number of well-established <a href=\"https:\/\/cryptoslate.com\/cryptos\/proof-of-stake\/\">cryptocurrencies you can stake<\/a> to earn passive income. Some of the most notable ones include:<\/p><ul><li>Binance coin<\/li><li>Polkadot<\/li><li>Cardano<\/li><li>Stellar<\/li><li>Solana<\/li><li>Cosmos<\/li><li>Flow<\/li><li>Raydium<\/li><li>Kusama<\/li><li>Neo<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3f871f2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3f871f2\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bfb64e0\" data-id=\"bfb64e0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f9b13f elementor-widget elementor-widget-heading\" data-id=\"2f9b13f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Did this answer your question?\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a19987 elementor-widget__width-auto elementor-widget elementor-widget-shortcode\" data-id=\"1a19987\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_7380\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-theme=\"custom\"  data-btn_size=\"28\"  data-icon_l=\"thmb7-u\"  data-icon_d=\"thmb7-d\"  data-icon_size=\"24\"  data-show_like_label=\"false\"  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class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin-in elementor-repeater-item-cc3d63b\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin-in<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-linkedin-in\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook elementor-repeater-item-b041fdf\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook<\/span>\n\t\t\t\t\t\t<i class=\"fab fa-facebook\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-twitter elementor-repeater-item-82596f0\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Twitter<\/span>\n\t\t\t\t\t\t<i class=\"fab 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elementor-element elementor-element-77ff780\" data-id=\"77ff780\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1604c13 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"1604c13\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ready to start trading the easy way ?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8f5b12b elementor-align-center gradiant-btn-bi elementor-widget elementor-widget-button\" data-id=\"8f5b12b\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" class=\"elementor-button-link elementor-button elementor-size-md elementor-animation-shrink\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Sign up with Digital Surge<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0180560 elementor-widget elementor-widget-heading\" data-id=\"0180560\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Simple. Safe. Stress-free<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ca2b4ab elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ca2b4ab\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9dac4ea\" data-id=\"9dac4ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-41d1322 elementor-widget elementor-widget-text-editor\" data-id=\"41d1322\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><a href=\"http:\/\/digitalsurge.com.au\/\" target=\"_blank\" rel=\"noopener\">Digital Surge<\/a>\u00a0is the easiest way for Australians to\u00a0<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" target=\"_blank\" rel=\"noopener\">buy, sell &amp; store over 250+ cryptocurrencies<\/a>. With extremely low fees, a uniquely user-friendly interface and a customer-support team you can rely on, getting involved in crypto has never been easier.\u00a0<a href=\"https:\/\/digitalsurge.com.au\/sign-up\" target=\"_blank\" rel=\"noopener\">Sign up<\/a>\u00a0today and enjoy safe, stress-free trading.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9bdfa4 elementor-widget elementor-widget-text-editor\" data-id=\"f9bdfa4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<p><i>Crypto-curious? The time you spend here will be the best investment you ever make.<\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7adbdda elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7adbdda\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-21b1487\" data-id=\"21b1487\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1916708 elementor-widget elementor-widget-heading\" data-id=\"1916708\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related articles\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2228ba3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2228ba3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f4c7df9\" data-id=\"f4c7df9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-409ddb2 elementor-widget elementor-widget-heading\" data-id=\"409ddb2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-fundamental-analysis-in-crypto\/\" target=\"_blank\">What is fundamental analysis in crypto?\n<\/a><\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-38cf1b1\" data-id=\"38cf1b1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bd194b8 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"bd194b8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-fundamental-analysis-in-crypto\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"360\" height=\"92\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/blockchain_visual.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/blockchain_visual.png 360w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/blockchain_visual-300x77.png 300w\" sizes=\"auto, (max-width: 360px) 100vw, 360px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ef45dcd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ef45dcd\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-70a5ee4\" data-id=\"70a5ee4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1b0d810 elementor-widget elementor-widget-heading\" data-id=\"1b0d810\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/digitalsurge.com.au\/education\/understanding-market-cap-in-crypto\" target=\"_blank\">Understanding Market Cap in crypto\n<\/a><\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-d1d2217\" data-id=\"d1d2217\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-567bcf3 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"567bcf3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/education\/understanding-market-cap-in-crypto\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"170\" height=\"201\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/08\/market-cap.png\" class=\"attachment-large size-large\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d63cc6a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d63cc6a\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3d60537\" data-id=\"3d60537\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-05ab85d elementor-widget elementor-widget-heading\" data-id=\"05ab85d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/digitalsurge.com.au\/education\/what-are-stablecoins\/\" target=\"_blank\">What are Stablecoins?\n<\/a><\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c8bff5e\" data-id=\"c8bff5e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36f853f elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"36f853f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/education\/what-are-stablecoins\/\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"306\" height=\"208\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/world_visual.png\" class=\"attachment-full size-full\" alt=\"\" srcset=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/world_visual.png 306w, http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/07\/world_visual-300x204.png 300w\" sizes=\"auto, (max-width: 306px) 100vw, 306px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-595a274 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"595a274\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f452633\" data-id=\"f452633\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f9cb70a elementor-widget elementor-widget-heading\" data-id=\"f9cb70a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\">What is staking?\n<\/a><\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3289a27\" data-id=\"3289a27\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7bfc8d elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"a7bfc8d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/digitalsurge.com.au\/education\/what-is-staking\" target=\"_blank\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"102\" height=\"114\" src=\"http:\/\/3.26.50.104\/education\/wp-content\/uploads\/2021\/05\/bills.png\" class=\"attachment-large size-large\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<div class=\"likebtn_container\" style=\"\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_7380\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\"  data-item_title=\"What is Proof of Stake (PoS)?\"  data-item_date=\"2021-07-14T03:27:00+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","protected":false},"excerpt":{"rendered":"<p>\u2190 Back What is Proof of Stake (PoS)? Definition Proof of Stake is a method used to maintain a Blockchain network\u2019s integrity. It is a more efficient alternative to the Proof of Work method aka Bitcoin mining. Understanding Proof of Stake (PoS) Proof of Stake is a less-energy intensive alternative to the original model of Proof of Work\/Bitcoin mining. Both Proof of Stake and Proof of Work are what\u2019s called \u2018consensus mechanisms\u2019, which is basically a reliable way of reaching an agreement in a group. These mechanisms are used by Blockchain networks (with no single controlling authority) to ensure that:\u2026<\/p>\n<div class=\"likebtn_container\" style=\"\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_7380\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\"  data-item_title=\"What is Proof of Stake (PoS)?\"  data-item_date=\"2021-07-14T03:27:00+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-7380","page","type-page","status-publish","hentry"],"blocksy_meta":"","featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"post_excerpt_stackable":"<p>\u2190 Back What is Proof of Stake (PoS)? Definition Proof of Stake is a method used to maintain a Blockchain network\u2019s integrity. It is a more efficient alternative to the Proof of Work method aka Bitcoin mining. Understanding Proof of Stake (PoS) Proof of Stake is a less-energy intensive alternative to the original model of Proof of Work\/Bitcoin mining. Both Proof of Stake and Proof of Work are what\u2019s called \u2018consensus mechanisms\u2019, which is basically a reliable way of reaching an agreement in a group.These mechanisms are used by Blockchain networks (with no single controlling authority) to ensure that:All cryptocurrency&hellip;<\/p>\n<div class=\"likebtn_container\" style=\"\"><!-- LikeBtn.com BEGIN --><span class=\"likebtn-wrapper\"  data-identifier=\"page_7380\"  data-site_id=\"604d0dec943ec9c02d34b5d2\"  data-style=\"\"  data-unlike_allowed=\"\"  data-show_copyright=\"\"  data-item_url=\"http:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\"  data-item_title=\"What is Proof of Stake (PoS)?\"  data-item_date=\"2021-07-14T03:27:00+10:00\"  data-engine=\"WordPress\"  data-plugin_v=\"2.6.36\"  data-prx=\"http:\/\/3.26.50.104\/education\/wp-admin\/admin-ajax.php?action=likebtn_prx\"  data-event_handler=\"likebtn_eh\" ><\/span><!-- LikeBtn.com END --><\/div>","category_list":"","author_info":{"name":"user","url":"http:\/\/3.26.50.104\/education\/author\/user\/"},"comments_num":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is Proof of Stake (PoS)? - Crypto Simple<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Proof of Stake (PoS)? - Crypto Simple\" \/>\n<meta property=\"og:description\" content=\"\u2190 Back What is Proof of Stake (PoS)? Definition Proof of Stake is a method used to maintain a Blockchain network\u2019s integrity. It is a more efficient alternative to the Proof of Work method aka Bitcoin mining. Understanding Proof of Stake (PoS) Proof of Stake is a less-energy intensive alternative to the original model of Proof of Work\/Bitcoin mining. Both Proof of Stake and Proof of Work are what\u2019s called \u2018consensus mechanisms\u2019, which is basically a reliable way of reaching an agreement in a group. These mechanisms are used by Blockchain networks (with no single controlling authority) to ensure that:\u2026\" \/>\n<meta property=\"og:url\" content=\"https:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Simple\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DigitalSurgeAU\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-05T04:25:48+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/digitalsurge.com.au\/education\/wp-content\/uploads\/2021\/07\/crypto_visual.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@digitalsurge_AU\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"19 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/\",\"url\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/\",\"name\":\"What is Proof of Stake (PoS)? - Crypto Simple\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/digitalsurge.com.au\\\/education\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/crypto_visual.png\",\"datePublished\":\"2021-07-14T03:27:00+00:00\",\"dateModified\":\"2021-08-05T04:25:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/#primaryimage\",\"url\":\"http:\\\/\\\/digitalsurge.com.au\\\/education\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/crypto_visual.png\",\"contentUrl\":\"http:\\\/\\\/digitalsurge.com.au\\\/education\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/crypto_visual.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/3.26.50.104\\\/education\\\/what-is-proof-of-stake-pos\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is Proof of Stake (PoS)?\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#website\",\"url\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/\",\"name\":\"Digital Surge\",\"description\":\"Crypto Simple\",\"publisher\":{\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#organization\",\"name\":\"Digital Surge\",\"url\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/digitalsurge.com.au\\\/education\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/Digital-Surge-Logo-Gradient.svg\",\"contentUrl\":\"https:\\\/\\\/digitalsurge.com.au\\\/education\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/Digital-Surge-Logo-Gradient.svg\",\"width\":1,\"height\":1,\"caption\":\"Digital Surge\"},\"image\":{\"@id\":\"http:\\\/\\\/3.26.50.104\\\/education\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/DigitalSurgeAU\",\"https:\\\/\\\/x.com\\\/digitalsurge_AU\",\"https:\\\/\\\/www.instagram.com\\\/digitalsurgeau\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is Proof of Stake (PoS)? - Crypto Simple","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/3.26.50.104\/education\/what-is-proof-of-stake-pos\/","og_locale":"en_US","og_type":"article","og_title":"What is Proof of Stake (PoS)? - Crypto Simple","og_description":"\u2190 Back What is Proof of Stake (PoS)? Definition Proof of Stake is a method used to maintain a Blockchain network\u2019s integrity. It is a more efficient alternative to the Proof of Work method aka Bitcoin mining. Understanding Proof of Stake (PoS) Proof of Stake is a less-energy intensive alternative to the original model of Proof of Work\/Bitcoin mining. Both Proof of Stake and Proof of Work are what\u2019s called \u2018consensus mechanisms\u2019, which is basically a reliable way of reaching an agreement in a group. 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