What is Staking and Staking Economy?
Staking was born out of the POS (Proof of Stake) consensus mechanism. It is a unique action in the PoS consensus. The cryptocurrency holder actively participates in the network system through staking, protects the network security and also implements the rights related to the cryptocurrency.
As staking has become a new trend in the crypto industry, it’s important to mention the risks associated with cryptocurrency staking.
1. Slashing risk
When your validators break the rule, they will get punished by the network, which is also known as slashing.
Slashing can happen in several cases, such as when liveness fault, security fault, or governance fault happens.
Current Staking Yields (9/3/2019)
What’s New on Staking
Staking Rewards Published Blockchain Infrastructure Thesis
InfStones is a Silicon Valley-based technology company that specializes in cloud computing and is one of the largest service providers for blockchain cloud management. Our core team is comprised of senior engineers and economic experts from reputable companies such as Google, Oracle, Apple, Intel, and LinkedIn.
With the continuous development of the PoS staking economy, more and more investors have begun to stake their cryptocurrency to gain staking revenue. The new consensus mechanism has brought about a simpler mining method, but problems also come: How could an investor conveniently manage the revenue return from nodes he voted? How could an investor accurately manage and calculate the actual rate of return?
IRISnet is a blockchain network designed to build a foundation for next-generation distributed business applications.