How can you find the best platform for Staking?
To choose the right provider for staking your crypto assets, it is important to pay attention to a few factors. Trust in the platform is one of the most important thing, as you entrust them with your assets. Also important are the interest rates which you earn. Here it is worth looking for the best offers on several platforms at the same time, to compare the staking rewards.
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4 Steps How We Find The Best Providers For You:
1. We Collect
The data represented on our website are fact-based and collected from trusted, verified sources only. In this way we make sure that the user’s decision is based on real facts.
2. We Analyze
In the next step we analyze many different providers in order to summarize the best and most important ones for our users. We write an in-depth review about every provider to show the most important features and pros and cons.
3. We Score
In order for you to help you easily decide which provider is the best, each provider is represented with a score. However, please always check the facts and figures yourself.
4. You Choose
When the gathered data is aggregated, analyzed and put into a comprehensive review, it’s your time to browse it and choose the best provider according to your preferences.
FAQ
What is Proof of Stake (PoS)?
Proof-of-stake is a consensus mechanism used by blockchains to verify transactions. With PoS, validators run nodes by staking crypto which means locking up an amount of coins for a certain period of time, making them unusable. Validators get randomly selected to find the next block in the blockchain.
What is Proof of Work (PoW)?
Proof-of-work is a consensus mechanism used by blockchains to verify transactions. With PoW, miners run computers to solve complex mathematical problems by using electricity to mine blocks.
What is a Node?
A node is a computer which is connected to a blockchain network. Nodes validate transactions or store data like the transaction history of the blockchain.
What is a Miner?
Miners are computers that solve mathematical calculations in order to secure the blockchain. The miner who solves the calculation first is allowed to add the next block to the blockchain. He also earns the new coins minted as well as the transaction fees within this block.