Wednesday, May 1, 2024
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What Does Kraken’s SEC Settlement Mean for Crypto Staking?

Before we get further into this, it’s worth defining some terms. Proof-of-stake is a consensus mechanism wherein nodes are supported by people locking up, or “staking,” their crypto. It differs from proof-of-work consensus mechanisms in that rather than putting energy and computing power into securing the blockchain, you’re putting your “money.”

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