Q. What do you think about staking Pundi X?
pom3lovec

Cryptocurrency geek


What do you think about staking Pundi X?


crypto blockchain
27

Answers

347

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30

Jun, 2018

Cryptocurrency
 122.15 q
27 Answers
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    Staking Pundi X (NPXS) is a way to earn rewards by locking up your tokens and helping to secure the Pundi X network. When you stake your NPXS, you are essentially lending it to validators who are responsible for processing transactions and maintaining the network. In return, you earn rewards in the form of new NPXS tokens.

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Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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