Staking in Cryptocurrency Explained
The computer equipment arms race and environmental challenge of PoW have now been negated by Proof of Stake (PoS). Under PoS, the network is secured by numerous parties depositing 32 ETH into a smart contract. The more tokens that are staked, the more expensive it become for a bad actor to attack the network. This […]
Stablecoins: Definition, How They Work, and Types
It creates “trust” in TUSD by submitting the stablecoin’s reserves to frequent auditing and attestations by independent external parties. Stablecoins provide some of the stability that is lacking in most cryptocurrencies. But those using stablecoins should know the risks they’re taking when they own them. While in most periods it may seem like stablecoins have […]