1. Rojgarlive » 
  2. Puzzles » 
  3. Dropee question of the day code 11 December What is the process of locking up cryptocurrency to support a blockchain network and earn rewards?

Dropee question of the day code 11 December What is the process of locking up cryptocurrency to support a blockchain network and earn rewards?

Dropee Question of the Day Code 11 December: Here is the answer to today's Dropee Question of the Day: What is the process of locking up cryptocurrency to support a blockchain network and earn rewards? and the answer is Staking

by

Updated Dec 11, 2024

Advertisement

Dropee question of the day code 11 December What is the process of locking up cryptocurrency to support a blockchain network and earn rewards?

Today's Dropped Question of the Day Code 11 December 2024

We have the answer to Dropee Question of the Day Code December 11, 2024 puzzle. This answer will help you finish the puzzle you’re working on.

Article continues below advertisement

Here is the today's dropee question of the day code Answers for 11 December.

QUESTION: What is the process of locking up cryptocurrency to support a blockchain network and earn rewards?

ANSWER: Staking

Staking is the process by which cryptocurrency holders lock up their coins in a wallet to support the operations of a blockchain network. This support involves tasks such as validating transactions and securing the network. Staking is commonly associated with blockchain networks that use the Proof-of-Stake (PoS) consensus mechanism or its variants, like Delegated Proof-of-Stake (DPoS).

All Other Puzzle solutions for Today January 21, 2025

Our comprehensive guide provides answers to all other puzzles, helping you solve today's challenges effortlessly. If you're stuck, use our guide to find the solutions you need.

Recent Articles

Stay updated on the latest in entertainment, general news, puzzles, gaming, tech, and more with a comprehensive roundup of recent articles covering a wide range of topics, ensuring you're informed and entertained across various interests.
Advertisement