Daily Fintech Conversations

The Rise of Staking

Originally published at: https://dailyfintech.com/2020/05/25/53856/

At the end of last month, Tezos (XTZ) became the largest staking network, in terms of assets locked in, according to Staking Rewards. The total amount equaled to $1.81 billion. A couple of weeks after Bitcoin’s halving, the network hash rate is trending down and inefficient mining hardware was taken offline. While proof-of-work remains popular…