MiningMining is the process through which cryptocurrency transactions are gathered, verified, and recorded into a digital ledger known as the... Read More stakingStaking is the way many cryptocurrencies verify their transactions, and it allows participants to earn rewards on their holdings. Staking... Read More is when a minerMiner can refer to either a computer that performs the cryptographic hashing function required to add transaction data to the... Read More participates in a proof-of-stake system to earn rewards. In a proof-of-stake consensusConsensus is what allows a distributed system (like the blockchain) to function as a decentralized peer-to-peer system without the need... Read More system, staking is the holding of funds in a cryptocurrency walletA cryptocurrency wallet is a physical or electronic device that stores a user's private and public keys. These keys provide... Read More to support the operations of a blockchain networkA blockchain network is a decentralized system that allows for peer-to-peer transactions. The main components of a blockchain network are... Read More. When staking, miners agree to put their coins at risk and help validate transactions on the blockchainA Blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a... Read More network for a chance to earn rewards. Staking is available with cryptocurrenciesA digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by... that use the proof-of-stake model to process payments.
See https://academy.binance.com/en/articles/what-is-staking [Biance]
