Commonly written as PoS, this is a consensus mechanism employed by some blockchains that requires verifiers to lock up, or stake, a certain amount of cryptocurrency to earn a chance to add new blocks to a blockchain. The more coins you stake, the better your chances of becoming a validator. Should you spend your way into the position to deliberately approve a fraudulent transaction, you risk losing your stake, providing a strong disincentive to cheat.
Rio Staking is one of the leading cryptocurrency staking platforms, offering cryptocurrency staking capacities in every range - for newcomers and professional investors. Our mission is to make acquiring cryptocurrencies easy and fast for everyone.