What is Proof of Stake? - Earn Passive Income with Staking

Published: 04 January 2021
on channel: 99Bitcoins
1,093,404
30k

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Guarda Wallet: https://bit.ly/389JIis

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💸🤑Staking helps you to earn passive income on your cryptocurrency holdings. In this episode of Crypto Whiteboard Tuesday, we will explain, how to get started with staking and what are the risks involved.

If you are new to cryptocurrencies, start here:
✅ What is Bitcoin? https://bit.ly/3obzymU
⚒ What is Bitcoin Mining? https://bit.ly/2JIekOF
🏦 What is Defi? https://bit.ly/2FfCkWG

Content of this video:
0:58 Decentralized Cryptocurrencies
1:14 Bitcoin Mining
1:47 Proof of Work
2:31 Proof of Stake
2:50 How Does Staking Work?
3:47 Ethereum's Blockchain
4:06 How to Stake Ethereum
4:48 Ethereum Staking Rewards
5:42 Staking Limitations
6:44 Staking on Exchanges
7:13 Staking Pools
7:47 Validator as a Service
8:12 Conclusion on Cryptocurrency Staking
9:00 Bloopers :)

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https://bit.ly/3rRWn1i

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👇See anything we haven't covered? Leave us a comment in the comment section below


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