What does stake mean in crypto

what does stake mean in crypto

Btc scope

This mechanism can combine various pseudo-random selection process to select validators from a group of.

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Did you know? Skip to Main Content. Some might take a cut of any staking reward, while others may pass the whole reward on to you. Similarly, when you stake your digital assets, you lock up the coins in order to participate in running the blockchain and maintaining its security. They check the work of other validators, which keeps the blockchain accurate and efficient.