Greetings Everyone
Today we will be talking about Staking, Delegated staking and impermanent loss

1. WHAT IS STAKING
The concept of Staking is seen in this lesson which is based on the Proof of Stake mechanism on the consensus protocol. Here we see Staking as a system of locking assets over a period to generate interest and get benefits.
We see this aspect as diverse assets could be blocked from investors' control or not blocked at all and in other words making profit levels different.

2. What is Delegated Proof of Stake (DPoS)?

Under the shadow of Staking where we see the Proof of stake, we have the delegated Proof of stake mechanism seen as a system that operates with a delegatable kind of mechanism making the process more democratic. It could be seen as an Innovation of the Proof of Stake concept where users of the network vote and elect to activate the next block in the network.

Here delegates are considered, block producers since they are the owners of the choices as to which blocks are produced next and vice versa.
Reduced numbers of delegates are chosen from 20,25 even up to a hundred and making the block delegates different and not just in order.

The major catch of this process is the reward given to delegates who stake their share of their fees of the validated block in the delegate pool which is successful. The rewards are shared based on each user stake ie what percentage you stake is your percentage reward
The first holding of DPOS was by former EOS Chief Technology Officer Dan Latimer who initiated the first algorithm on the decentralized platform of the renowned Bitshares in 2015, while whole numerous exchanges now use the DPOS

3. What is Impermanent Loss?

The relation of an Impermanent loss to this work could be seen as when a trader stakes his assets and a volatile fall in the market happens beyond his asset value, there is said to be an impermanent loss.

An impermanent loss could be seen as a situation when a trader ie the liquidity provider incurs a loss of his /her assets due to volatility in a trading market.

#staking #SME #AweSME #someeofficial #SoMee #crypto
Greetings Everyone Today we will be talking about Staking, Delegated staking and impermanent loss 1. WHAT IS STAKING The concept of Staking is seen in this lesson which is based on the Proof of Stake mechanism on the consensus protocol. Here we see Staking as a system of locking assets over a period to generate interest and get benefits. We see this aspect as diverse assets could be blocked from investors' control or not blocked at all and in other words making profit levels different. 2. What is Delegated Proof of Stake (DPoS)? Under the shadow of Staking where we see the Proof of stake, we have the delegated Proof of stake mechanism seen as a system that operates with a delegatable kind of mechanism making the process more democratic. It could be seen as an Innovation of the Proof of Stake concept where users of the network vote and elect to activate the next block in the network. Here delegates are considered, block producers since they are the owners of the choices as to which blocks are produced next and vice versa. Reduced numbers of delegates are chosen from 20,25 even up to a hundred and making the block delegates different and not just in order. The major catch of this process is the reward given to delegates who stake their share of their fees of the validated block in the delegate pool which is successful. The rewards are shared based on each user stake ie what percentage you stake is your percentage reward The first holding of DPOS was by former EOS Chief Technology Officer Dan Latimer who initiated the first algorithm on the decentralized platform of the renowned Bitshares in 2015, while whole numerous exchanges now use the DPOS 3. What is Impermanent Loss? The relation of an Impermanent loss to this work could be seen as when a trader stakes his assets and a volatile fall in the market happens beyond his asset value, there is said to be an impermanent loss. An impermanent loss could be seen as a situation when a trader ie the liquidity provider incurs a loss of his /her assets due to volatility in a trading market. #staking #SME #AweSME #someeofficial #SoMee #crypto
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