Data compiled by analytics tool CryptoDiffer shows Cardano (ADA) leads the pack when it comes to staking. Figures show users staked $28.95 billion on its platform. This manages to pip Polkadot (DOT), which comes in at $25.43 billion. Over a third of all staking in the crypto sphere is accounted for between the pair.
Source: @CryptoDiffer on Twitter.com
ICOs have come and gone, Ethereum DeFi is prohibitively expensive, and the non-fungible token (NFT) hype seems to be dying down. But staking is perhaps the primary rebuttal to arguments that crypto is a flash in the pan with no viable long-term future.
Staking is the “steady Eddy” of crypto
Proof of Stake (PoS) is an alternative consensus mechanism to Proof of Work (PoW). Instead of relying on energy-dependent mining to write blocks, PoS uses a deterministic algorithm to select nodes based on the number of tokens held.
Typically, the probability of selection is proportional to the number of tokens held, meaning the more tokens locke
Źródło: https://cryptoslate.com/cardano-edges-ahead-of-polkadot-as-top-staking-token-with-29bn-staked/
