Dropout Code Question of the Day December 11: Here is the answer to today’s Dropout Question of the Day: What is the process of locking up cryptocurrency to support the blockchain network and earn rewards? and the answer is Bet
Today’s Skip Question Code December 11, 2024
We have the answer for Dropout Date Code December 11, 2024 Question. This answer will help you to complete the puzzle you are solving.
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QUESTION: What is the process of locking up cryptocurrency to support the blockchain network and earn rewards?
ANSWER: Place a bet
Staking is the process by which cryptocurrency holders lock their coins in a wallet to support the operation of the blockchain network. This support includes tasks such as transaction authentication and network security. Staking is commonly associated with blockchain networks that use the Proof of Stake (PoS) consensus mechanism or its variations, such as Delegated Proof of Stake (DPoS).
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