How to stake Polkadot (DOT)? By Cointelegraph
[ad_1]
Unlike restricted proof-of-work (PoW) blockchains like , the blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs less infrastructure.
Polkadot uses a nominated proof-of-stake (NPoS) blockchain centered on interoperability of parachains that connect to and are secured by the Relay Chain. Validators can validate both the Relay Chain and the parachains, making it a flexible and scalable blockchain solution.
DOT staking requirements
Why stake Polkadot
1. Using Polkadot.js UI
2. Stake natively or join a nomination pool
3. Using a cryptocurrency exchange
4. Using a wallet
Continue Reading on Coin Telegraph
[ad_2]
Source link
Unlike restricted proof-of-work (PoW) blockchains like , the blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs less infrastructure.
Polkadot uses a nominated proof-of-stake (NPoS) blockchain centered on interoperability of parachains that connect to and are secured by the Relay Chain. Validators can validate both the Relay Chain and the parachains, making it a flexible and scalable blockchain solution.
DOT staking requirements
Why stake Polkadot
1. Using Polkadot.js UI
2. Stake natively or join a nomination pool
3. Using a cryptocurrency exchange
4. Using a wallet
Continue Reading on Coin Telegraph
About The Author
