Staking
By CoinGecko | Updated on Mar 03, 2020
Participation in a Proof-of-Stake (PoS) system to put your tokens in to serve as a validator to the blockchain and receive rewards.
Related Terms
Secure Asset Fund for Users (SAFU)
A feature created by Binance which contains reserve funds that can be used to reimburse users in case of a catastrophic event (eg. exchange hack)
Proof-of-Authority (PoA)
A consensus algorithm that asigns block validation queue based on identity and reputation.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Dominance
Typically refers to Bitcoins' market capitalization dominance.
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