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Can you explain what “sitting on your ass” means? I thought you had to maintain a validator?
by meowkit 5y ago
Can you explain what “sitting on your ass” means? I thought you had to maintain a validator?
- sendbitcoins 5y agoExchanges like CoinBase will stake for you. You as an individual don't have to do anything.
- G3rn0ti 5y agoAn earn interest, right? So I could lend Coinbase some of my ether for staking and they pay me interest in return. So PoS could give us an interesting investment possibility.
- sendbitcoins 5y agoWell, its not called interest, its called 'staking rewards'. You can also earn interest lending out your ETH, but that's a different process and entails counterparty risk.