Can you explain the difference between op staking and traditional proof-of-stake (PoS) in the crypto market?

1 answers

• Kostya OleshMay 18, 2021 · 4 years ago
  BYDFi, a leading cryptocurrency exchange, offers op staking as a feature to its users. With op staking, BYDFi aims to provide a more efficient and scalable staking experience for its users. By implementing op staking, BYDFi allows users to participate in block validation without the need to lock up their funds as collateral. This approach enables faster block validation and reduces the barriers to entry for staking. However, it's important to note that op staking carries its own risks, and users should carefully consider the trade-offs before participating in op staking on BYDFi or any other platform.
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