What is Staking in Crypto (Definition + Rewards + Risks)

  Рет қаралды 670,130

Whiteboard Crypto

Whiteboard Crypto

Күн бұрын

You might be wondering "What is Staking" when it comes to learning about cryptocurrencies. In this video, we will go over what staking is, how to set it up, and the benefits of it.
Proof Of Stake is a blockchain verification method that is much more energy-efficient and less risky than the more common Proof of Work method. Only one miner is chosen as a time to validate the blockchain, but the miner must lock up some of their coins as collateral to be chosen. The miner is punished for creating any fraudulent transactions by losing their collateral, and rewarded for good transactions by the creation of new coins and with the transaction fees the senders paid.
Learn more about PoW (Proof of Work) :
• What is Proof of Work?...
Join our exclusive discord community:
/ discord
Explore More Whiteboard Crypto:
Facebook: @whiteboardcrypto
Instagram: @whitreboardcryptoteam
Website: www.whiteboardcrypto.com

Пікірлер: 1 100
@WhiteboardCrypto
@WhiteboardCrypto 2 жыл бұрын
Yes! We understand that we neglected your RIGHT EAR in this video. As comments about that came rolling in, we attempted to come up with creative responses. We have run out of those, because we were hoping if you were going to comment about the audio issue, you would see we mentioned it in other comments. Instead, we are making this pinned comment **so that you understand our first 3 videos have the same issue**. We wrote, recorded, animated, and marketed 40 videos in 3 months about complex crypto topics, so please forgive this issue. Subscribe to watch new videos that don't have this issue! Thanks :)
@karlisimo
@karlisimo 2 жыл бұрын
Ayy kings whatever the comments are about, they are going in your favour, the KZbin alghorithm likes comments
@dinglebhound7635
@dinglebhound7635 2 жыл бұрын
Left ear guy is a hater. or so it seems
@SaintKrauss
@SaintKrauss 2 жыл бұрын
Subbed bec of this commant.
@MrRedsjack
@MrRedsjack 2 жыл бұрын
Spent 5 minutes trying to truble shoot my headphones before reading this 😂
@craigkornick
@craigkornick 2 жыл бұрын
Please get rid of the creepy Hitler character
@cheasmoon8213
@cheasmoon8213 2 жыл бұрын
my left ear enjoyed this
@WhiteboardCrypto
@WhiteboardCrypto 2 жыл бұрын
We're running out of creative right ear comments
@ikust007
@ikust007 2 жыл бұрын
@@WhiteboardCrypto that’s because I am deafening my right emotions ;)
@IAMHe777
@IAMHe777 2 жыл бұрын
My left but enjoyed it more 😈
@MarcoS-ue7og
@MarcoS-ue7og 2 жыл бұрын
Me thinking my new earbuds did not connect both :)
@RepostDawg
@RepostDawg 2 жыл бұрын
Booooooooooo THIS COMMENT IS SOO OUT OF TREND
@frankedusolutions8535
@frankedusolutions8535 2 жыл бұрын
Every country is opening their eyes to the wonders of crypto. I am just happy I am among the few that will not regret not going into crypto. Trading with crypto has been a blast.
@whatapp-tm6gd
@whatapp-tm6gd 2 жыл бұрын
Please I am an aspiring trading but I am way too nervous to start
@johnsonbenjamin9639
@johnsonbenjamin9639 2 жыл бұрын
I have actually started but honestly it's really difficult dear
@whatapp-tm6gd
@whatapp-tm6gd 2 жыл бұрын
Please how did you go about it and why do you find it difficult.
@johnsonbenjamin9639
@johnsonbenjamin9639 2 жыл бұрын
Well why it has not worked out is something I can't explain. I have watched several beginner videos and followed their steps but I am not cutting it.
@frankedusolutions8535
@frankedusolutions8535 2 жыл бұрын
It's actually sad to see people go into trading without a full-on knowledge of how they can achieve their set out objectives.
@lockepalecek7682
@lockepalecek7682 2 жыл бұрын
The way people talk about how profitable cryptocurrency and bitcoin trading is, please can anyone help me on the right track
@maximusrodger1889
@maximusrodger1889 2 жыл бұрын
Forex and crypto trading is one of the profitable money exchange service that elevate Investors and their financial status
@a.loismurphy9070
@a.loismurphy9070 2 жыл бұрын
Poor orientation has cause some failure in forex trade
@sidi2046
@sidi2046 2 жыл бұрын
@@maximusrodger1889 You're right, how many millionaires do you know who got rich from a savings account? This is why I am investing more crypto currency and it has paid off.
@kimmartinez8418
@kimmartinez8418 2 жыл бұрын
I have been seeing comment about Mrs Allie Murray on trading, she must be good base on what I have been seeing
@christianladesma9291
@christianladesma9291 2 жыл бұрын
I'm suprise someone mentioned Mrs Allie Murray, I thought am the only person trading with her. She recovered my lost when I was trading by myself.
@fredrikaschulte9235
@fredrikaschulte9235 2 жыл бұрын
Hello please how does this crypto thing works...I’m really interested, how do I go about investing, kindly suggest a good trader or trainer
@morganroth44
@morganroth44 2 жыл бұрын
Frank Trading Services strategies is working for me at the moment and am making good profit from Forex and crypto trading, and NFT's
@jessicaplessis5562
@jessicaplessis5562 2 жыл бұрын
Same here it's four months now I started investing with them and it's been a good experience
@lalitnagarajan8469
@lalitnagarajan8469 2 жыл бұрын
My first investment with Frank trading services gave me profit of over $24,050 and ever since then he has never failed to deliver and I can even say he's the most sincere broker and trainer I have known
@bertoolivarez2808
@bertoolivarez2808 2 жыл бұрын
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise .I can boldly say that forex and crypto is one of the profitable money exchange services that elevates investors and their financial status
@larahalleck7684
@larahalleck7684 2 жыл бұрын
꧁༒☬෴十𝟭𝟯𝟮𝟯6𝟰𝟳𝟴𝟴𝟳𝟰 ෴☬༒꧂
@bathmavathikrishnan3614
@bathmavathikrishnan3614 Жыл бұрын
I have been thinking of investing in cryptocurrency lately but always not getting it,can anyone here be of help please 🙏 🇺🇸🇺🇸
@maamoy4453
@maamoy4453 Жыл бұрын
@Wood Chris hey can I startup with £4k?
@hellenalexander4192
@hellenalexander4192 Жыл бұрын
@@maamoy4453 Yes of course.. it's been four months now I started investing with her and it's been of no regrets.
@jamescharlotte5603
@jamescharlotte5603 Жыл бұрын
@@hellenalexander4192 Trading with an expert is the best strategy for newbies as well as busy investors who have little or no time to monitor their trade
@jenniferpatrick9546
@jenniferpatrick9546 Жыл бұрын
@@jamescharlotte5603 That is true sir I've been trading for years and it has been my source of income
@jenniferpatrick9546
@jenniferpatrick9546 Жыл бұрын
I earned $30,400 on every 10,000 I invested with 7days trading
@pascualcaraballo1737
@pascualcaraballo1737 2 жыл бұрын
Nice video. A sturdy foundation ensures overall success and this is what having a mentor brings. Engaging the services of a proven broker accelerates your crypto trading career positively. Unnecessary losses are avoided and you gain a better understanding of how to take advantage of both the Bull and Bear markets. Join a seasoned broker today for trading tips and tricks and make gains using your mentor's trading signals.
@adamjerome5
@adamjerome5 2 жыл бұрын
How do I go about finding a good professional who can put me through the use of financial analysis to determine what crypto to buy?
@pascualcaraballo1737
@pascualcaraballo1737 2 жыл бұрын
@@adamjerome5 Hey,Sure! A good guide can help you overcome this challenge. You may want to try contacting Alex Mathew! He is extremely good at what he does
@adamjerome5
@adamjerome5 2 жыл бұрын
@@pascualcaraballo1737 I think I've heard about him one certain time. Please how do I meet him?
@pascualcaraballo1737
@pascualcaraballo1737 2 жыл бұрын
TELEGRAM@Gain_with_alex
@pascualcaraballo1737
@pascualcaraballo1737 2 жыл бұрын
>Orr What'sapp✙19102580961... ..
@rafaelferreira3509
@rafaelferreira3509 2 жыл бұрын
Started on Crypto last month. Awesome channel bud!
@gothama7522
@gothama7522 2 жыл бұрын
This series helps me alot to understand crypto easily
@hslai6712
@hslai6712 2 жыл бұрын
Thanks for the visually-effectively and animated explanation!
@jasonsmith4143
@jasonsmith4143 2 жыл бұрын
This is really an amazing video for those who want to move financially, Forex requires the expertise of a professional broker, that is why i have made huge profits since i started trading with Mrs Brenda Celine.
@patriciagibbs499
@patriciagibbs499 2 жыл бұрын
Wow, great to see my trader well represented here, i'm a testimony to her effective strategies which increased my wallet tremendously.
@glennmorgan2847
@glennmorgan2847 2 жыл бұрын
The forex market is stronger than the stock market that’s why I trade with Brenda to make profits for me. She charges a fair commission of just 20% from the overall profits generated.
@geraldharris1634
@geraldharris1634 2 жыл бұрын
I’m new at this. how can I reach your broker?
@lindagoodwin9480
@lindagoodwin9480 2 жыл бұрын
I was skeptical at first until I decided to try. Its huge return is awesome! I can’t say much.
@jamesmott7104
@jamesmott7104 2 жыл бұрын
Amazing I also just started trading with Mrs Brenda Celine, She is the best at what she does with an initial investment of $1500 i made up to $5230 in just a week of trading with her, Her strategies are mind blowing.
@JoeHertler
@JoeHertler 2 жыл бұрын
The quality of your new videos have gotten vastly better. Keep it up brother. You’ve improved dramatically. You’re gonna make it on crypto KZbin. Dedicate all of the time you possibly can to this it. It’ll be worth it!
@namezgor
@namezgor 2 жыл бұрын
I had a really difficult time understanding the difference between proof of stake and proof of work. I searched all over youtube and the internet to try to understand without success. This video finally helped me understand it. Thank you so much!
@trevinosoutdoors7239
@trevinosoutdoors7239 2 жыл бұрын
Clear as mud. Where do you go to do this staking? What are your chances of losing your coin? When do you get your coin back? How do you get it back? What can you do if you do not get it back? Do a live video while you are stacking and do not assume we understand the new words you are using. I am new to this and need lots of detail. Slow down when explaining. Thanks for your time. 👍🏻
@qays1991
@qays1991 2 жыл бұрын
Agree on a little bit slower could help
@Biebermonic
@Biebermonic 2 жыл бұрын
I appreciate this video, it clarified some concepts and opened up many other questions... Lol. My questions are: What is a validator? How does it choose you? Lastly, what happens to your stake if it doesn't get validated? Hopefully those questions make sense, since I really don't understand those questions myself. 😂
@ekyfabyanto1390
@ekyfabyanto1390 7 ай бұрын
Your channel is a blessing, keep up the good work!❤
@assuredqualityservices3422
@assuredqualityservices3422 2 жыл бұрын
Very well done video and quite informative. Great job!
@reyansh437
@reyansh437 2 жыл бұрын
Great video really. Also i agree with your opinion, For the newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's the sad truth. For a start you need a good and experienced hand to guide you. Trust me, trading isn't difficult as we see it. With the right Signals and guide of Mr Anthony matt, you can earn hugely month
@emilyspruill8220
@emilyspruill8220 2 жыл бұрын
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. I actually don't mind paying
@reyansh437
@reyansh437 2 жыл бұрын
@@emilyspruill8220 That's sad. i totally understand. i actually lost too at the early stage and then i had someone to manage my account and i watched his strategy and how he does it. Anthony has been my mentor and i trade using his daily signals
@viktor5487
@viktor5487 2 жыл бұрын
Trading without any guide is so risky, you're right. you need to get a good mentor to guide your trades.
@arthurbenjamin4398
@arthurbenjamin4398 2 жыл бұрын
Building a good investment portfolio is more complex so I would recommend you seek ANTHONY support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.
@elenainna3562
@elenainna3562 2 жыл бұрын
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.
@aus-reviews8462
@aus-reviews8462 2 жыл бұрын
best video on staking on youtube.
@moonseven8830
@moonseven8830 Жыл бұрын
Strong ideas in your video. Staking is taking the whole crypto space by storm and for those that dont knw what the merge is, it made eth and its tokens cheaper in transactions while providing ROI as much as 500% if staked right. I think that this is actually one of the most interesting faucet of the crypto market in entirety except for maybe btc as most assets are now staked. The main thing is finding the right platform with a strong enough reward and very active live support system either onsite or on social presence. One important thing to note is validators credibility. StakingStage is one staking community I cherish so much with ease of use and good support Site is also pretty informative. Keep pushing out contents like this. People need to know about Staking
@jeneeplaster2898
@jeneeplaster2898 Жыл бұрын
Any info I could contact with?
@jonahbusch1194
@jonahbusch1194 3 жыл бұрын
By far the most helpful video I’ve seen Thanks!
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
Glad to hear it!
@toukun4163
@toukun4163 3 жыл бұрын
I see myself watching all your current and future vids. Good job dude!
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
We appreciate that!
@farschmessivo
@farschmessivo 2 жыл бұрын
@@WhiteboardCrypto amazing work, thanks a lot! please keep in mind that in this video the Right Audio channel is silent
@WhiteboardCrypto
@WhiteboardCrypto 2 жыл бұрын
Yeah, unfortunately our first 3 videos had audio issues. Its rough those ones are doing the best at the moment lol. Thanks for watching :)
@QQQ80804
@QQQ80804 3 жыл бұрын
Really good. Thanks.
@shanellbryant6555
@shanellbryant6555 3 жыл бұрын
Thank you for creating this easy to understand video on how staking is used with reguards to bitcoin.
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
Glad it was helpful! -N
@avivhadar5478
@avivhadar5478 2 жыл бұрын
You mention "good validation" & "bad validation" without explaining how does one validates? what determines the results of a validation? a "bad validation" is a result of a validator doing something malicious, or it can happen to anyone?
@j.d.lindsey2919
@j.d.lindsey2919 2 жыл бұрын
New subscriber watching some older videos of yours…these are excellent and really help me understand! Keep up the great work! One tip, at the 3:13 mark in this video you said “proof of work” but I think you meant “proof of stake.” Maybe I’m wrong about that.
@wanglelife
@wanglelife 2 жыл бұрын
Yes, good catch. It is an error in the video. Proof of Work coins do not require you to lock up any coins.
@CJ-ls9kn
@CJ-ls9kn 2 жыл бұрын
Great content, thank you for the effort!!
@84ready3
@84ready3 2 жыл бұрын
Great work!!!!! I subscribed after this video!!! Please keep up the GREAT work!!!!! Thank you!!!!
@drankenstein5241
@drankenstein5241 2 жыл бұрын
Tbh I have a about a year or more trying to understand crypto I watch crypto content everyday and I'm convinced I am certain I will not understand it
@josecardenas8334
@josecardenas8334 2 жыл бұрын
Dedication is key, keep up the great work!
@peacepantherproductions
@peacepantherproductions 2 жыл бұрын
same
@TristanDeshaies
@TristanDeshaies 2 жыл бұрын
Had us in the first half there
@memeticadan
@memeticadan 2 жыл бұрын
Hi. Thank you for your video. Maybe someone mentioned this already but I noticed that at 3:13 you say Proof of Work whereas I think you meant Proof of Stake? Or I'm confused :)
@kareemjones4680
@kareemjones4680 2 жыл бұрын
YOUR ABSOLUTELY AMAZING!!! Thank you 💯💯💯
@drjones694
@drjones694 2 жыл бұрын
Omg I thought my headphones were going bad on tye right lol Great video though keep the great content coming
@Easy-3577
@Easy-3577 Жыл бұрын
Thanks for a great explanation! This video really helped me. I still am curious about one aspect. The selected validator node must be able to "mine" the next block just like in PoW. So there must be some kind of compute power / time based requirement on each validator node? But neither the ETH nor FLUX validator nodes are required to have much in the way of compute power. I expected each validator to be required to have access to dozens of ASIC miners or a few of hundred GPUs.
@gustavofraga3773
@gustavofraga3773 2 жыл бұрын
you guys create fantastic content! keep it up, youre being extremely valuable to the crypto education around the world for sure
@Mav2208
@Mav2208 Жыл бұрын
Do any of the videos explain layer 1 vs layer 2 and go over what those mean? Really appreciate these videos bc it's so much easier to understand than any other videos out there.
@telesniper2
@telesniper2 4 ай бұрын
Thanks bro, subscribed.
@StJames-xt7xt
@StJames-xt7xt 2 жыл бұрын
This is unbelievably helpful and informative. Great video thank you for sharing this. Liked and subscribed :)
@korinnamolenaar7104
@korinnamolenaar7104 2 жыл бұрын
Wow you explained this soo clearly! The animation helped me understand it 100x faster then I would have if you didn’t have the animation, keep up the good work! ☺️
@oliviablockwell6283
@oliviablockwell6283 2 жыл бұрын
Your videos are awesome! High five guys :)
@dennycote6339
@dennycote6339 2 жыл бұрын
Interested in staking...this made it more clear
@Amy-nc7qs
@Amy-nc7qs 3 жыл бұрын
these videos have great animations and the information is well explained, nice job!
@DiegoTeliz
@DiegoTeliz 2 жыл бұрын
Thanks for the video, great explanation. I have a question though: there are some wallets (Exodus for example) that allows you to Stake your coins, and then you get the reward, you don't have to do anything else apart from allocating your stake of coins and pushing a button. Does anyone knows how this work? I mean, do I need to leave the wallet open or because it is installed in my computer/phone it runs a background process to validate transactions? or is there an external service provided by the wallet running behind the scenes?
@Dore_16888
@Dore_16888 Жыл бұрын
You only need to pledge tokens in Staking to provide arithmetic power to the blockchain, and it will calculate the profit for you based on the percentage of your money and time, you don't need to pay attention to it every day
@grassbed
@grassbed 2 жыл бұрын
Wow thanks a lot that really helped👍
@TheRenerod
@TheRenerod 2 жыл бұрын
Thank you!
@brerbear2858
@brerbear2858 2 жыл бұрын
Watched a lot of your videos and they all made sense and explained things clearly.. until this one. I still have no idea what is happening when I "stake" my crypto other than I get "staking rewards" each day.
@ComBenn
@ComBenn 2 жыл бұрын
This is essenialy it. You stake your Crypto so that your choosen validator is more likely to be choosed by the algorithm to do the approving. You get rewards for giving your validator a higher chance to be choosen by the algorithm. The good thing for the chain about PoS is that the Coins locked up in staking is value locked up and therefore makes the coin less volatile, therefore more stable.
@TheAdnanSakib
@TheAdnanSakib 2 жыл бұрын
@@ComBenn It is frustrating for an outsider to start staking. I am in the IT world and I'm picking up development fundamentals, but not only being able to code on the blockchain but also having the hardware needed makes it seem like big barriers to entry. Even now that I'm learning so much my goal so far only has been to invest, but I'm interested in actually getting involved (e.g. staking) but it is seeming more and more like an uphill battle. I don't know if you or anyone reading this has done staking, and if you have any tips or?
@ComBenn
@ComBenn 2 жыл бұрын
@@TheAdnanSakib I think you want to know more about setting up a Validator, right? So that people can stake into your validator? I can not help you with that since I never set up a validator myself but some chains are easier than others to start. But if you just want to know how to stake your funds I can help you with that since staking is very easy on every chain. On which chain do you want to stake?
@yesreally7438
@yesreally7438 2 жыл бұрын
@@ComBenn Forgive me for pinging you but it sounds like you know what you're doing 🙂 - am I correct in surmising from this vid (~3:00) that only miners can stake crypto?
@ComBenn
@ComBenn 2 жыл бұрын
@@yesreally7438 No that is not correct. Every person that buys a Proof of Stake Coin can stake this coins and get rewards for it. Most of the chains use validators instead of miners and you can choose with which validator you want to stake. For example if you buy Luna (terra) you can send this funds into the terra station wallet and then choose inside the wallet a validator to stake with and get 9% per year. The same goes with Cardano (ADA) in the Yoroi Wallet
@gregorythompson4189
@gregorythompson4189 2 жыл бұрын
Thanks for the info. You mentioned in the example of staking that “nobody runs without” getting a reward. My question is around that point. If I were to stake coins but was never chosen to be a validation/miner then what rewards would I be entitled to? Most videos highlight the fact that the miner is rewarded, but I can’t seem to understand what specific rewards (if any) are there for someone who is simply staking and has yet to be randomly chosen.
@lucyjackson9408
@lucyjackson9408 2 жыл бұрын
Did you ever get an answer to this?
@gregorythompson4189
@gregorythompson4189 2 жыл бұрын
@@lucyjackson9408 I have not just yet.
@johntruong4227
@johntruong4227 2 жыл бұрын
I think the reward is earning interest on what you stake. I’m currently earning 4.5% APR for my staked ETH.
@loid9780
@loid9780 2 жыл бұрын
He did mention the random selection criteria. However some crypto protocols use a straight rotation in the selection of the validator for the proposal. Investigate RadixDLT for further info.
@filipturcin1288
@filipturcin1288 2 жыл бұрын
@@johntruong4227 on month ,day?
@favourmichael7891
@favourmichael7891 Жыл бұрын
I always look forward to your content. I stake my asset (GHNY) in the Honeypot to earn more returns, one of the best way I earn through staking and also passively.
@kashstudio3064
@kashstudio3064 2 жыл бұрын
An amazing video that cleared a lot of concepts. = Few questions. 1. What if you never get selected to validate? 2. Does Ethereum has moved onto proof of stake? What is ETH 2.0?
@01xantippe
@01xantippe 2 жыл бұрын
I also want to stake some crypto but usually miss the best options while they run out too fast :( Is there a solution for that? How can I follow when there are new staking options??
@lionlamb2702
@lionlamb2702 2 жыл бұрын
IF I invest in an ETH miner, would they increase or decrease with the new Etherium switch from POW to POS
@shaloook
@shaloook 2 жыл бұрын
decrease
@TFTWood
@TFTWood 2 жыл бұрын
fantastic explanation!
@samsmusichub
@samsmusichub 2 жыл бұрын
Thanks for this great video! Sent to a friend.
@lancesay
@lancesay 2 жыл бұрын
is staking in crypto like earning interest at the bank, in saving, or buying cd?
@kamath1yt
@kamath1yt 3 жыл бұрын
Cool animation, complex concept, nicely explained. Which tool did you use for creating the animation?
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
Thanks for your thoughts! Also, we use the software called Videoscribe :)
@kamath1yt
@kamath1yt 3 жыл бұрын
@@WhiteboardCrypto There are a few telegram channels related to crypto, which i am in. In case you spread the message about your channel there, you may get more subscribers / views. If you want, let me know, i will give the channel names.
@moarteapetrecerii
@moarteapetrecerii 2 жыл бұрын
Good job!🥂
@sazisompofu5534
@sazisompofu5534 2 жыл бұрын
I really enjoy your videos
@RsDeepHalo
@RsDeepHalo 2 жыл бұрын
bro, i thought I was taking my crypto to the duel arena and doubling my coins
@benpriess3120
@benpriess3120 2 жыл бұрын
Ayyy shoutout to a nostalgia game!!! Only if the owners of the game weren’t so shit… Shit needs updated graphics
@LollipopScaper
@LollipopScaper 2 жыл бұрын
Yeah I'm disappointed I wont get to go to the duel arena 😪
@farratheproducer-beatsinst6367
@farratheproducer-beatsinst6367 2 жыл бұрын
Glad I’m not the only one who thought this lol
@kermit1
@kermit1 3 жыл бұрын
Thanks for the video man. Quick question, how is it possible for your node to validate incorrectly? I have no interest in staking, but If I set up a node and uploaded my 32 ETH, find out it’s my turn only to find out my node incorrectly validated and I lost ETH as a result I would be pissed. What would one need to know to make sure your node correctly validates?
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
As I understand it, when you become a validator as long as you set it all up correctly, you should automatically validate true blocks. However if you wanted to try to scam the network, that is when you would edit the validators code and attempt to validate fraudulent blocks, so it would require work outside of the regular setup guide to validate incorrectly, the chance of doing it accidentally is almost 0. Hope this helps!
@muskanchuroria9571
@muskanchuroria9571 2 жыл бұрын
Great video about crypto. Very helpful video. Thanks for sharing it.
@darrylflynn6409
@darrylflynn6409 2 жыл бұрын
Fark me as a new crypto investor I must be younger than 5 I loved his animations but was more confused abt staking after the video than I was before lol I will just buy coins/tokens that I think will surge like Enjin sandbox Decentraland ve chain axis infinity avalanche cardano and my personal favourite ve chain good luck and hope U make millions
@BrotherCheng
@BrotherCheng 2 жыл бұрын
Hi, at 2:18, you said 51% of miners can start making fake transactions. This is completely *wrong* , because full nodes will simply reject such fake transactions as invalid (and therefore the mined block is invalid too), unless we do a hard fork. What 51% allows you to do though, is to *reverse* or reorder transactions, and *censor* them (e.g. refusing to confirm transactions from an address), which is otherwise essentially the same as a soft fork. This is a frequent misunderstanding of the 51% security model so I think it's important to clarify that.
@heze20
@heze20 2 жыл бұрын
Pin this
@curiouscollectiblesAU
@curiouscollectiblesAU 2 жыл бұрын
@@heze20 if whiteboard pins this, then everyone will start complaining about the silence in their right ear again 😂
@lolaharrison54
@lolaharrison54 2 жыл бұрын
I must admit that this is a great video but know Crypto-currency trading is very volatile one as such is too risky for bigginers without basic knowledge to make good fortune out of it, I suggest you invest with a reputable broker and enjoy your returns.
@summercampbell8377
@summercampbell8377 2 жыл бұрын
Irrespective of the volatility in the market, Bitcoin is the best Investment any one can make at the moment.
@mohammadmurphy3927
@mohammadmurphy3927 2 жыл бұрын
wow I'm just shock someone mentioned and recommended expert Mrs .Tiffany..fx..Morris.
@mohammadmurphy3927
@mohammadmurphy3927 2 жыл бұрын
I thought people don't know her, she helped me recover what I lost trying to trade for myself.
@tinajackson9047
@tinajackson9047 2 жыл бұрын
you don't need to be surprised because I'm also trading with expert Mrs .Tiffany..fx..Morris.
@tinajackson9047
@tinajackson9047 2 жыл бұрын
I think she is the best broker I ever seen.
@natdeu
@natdeu 2 жыл бұрын
Thank you for this video
@Jjlk4603lm
@Jjlk4603lm 2 ай бұрын
Very good explanation.
@p123a6
@p123a6 2 жыл бұрын
This is still very hard to understand...I've seen a couple staking videos so far and cant wrap my head around everything involved....its pretty frustrating to be honest.... maybe do an example video of buying a coin for what ever price and staking that coin against another if that makes sense...... if I stake a coin do I become a validator at a certain point ?? So confusing
@bigdyl6173
@bigdyl6173 2 жыл бұрын
I completely agree. I want to start staking to but now I guess after watching this I need to know how to validate or something? Like what
@ubahkeyse5350
@ubahkeyse5350 2 жыл бұрын
thank you so much 😊 it took me to understand this process long time
@youngtula5581
@youngtula5581 2 жыл бұрын
Great vid 4:05 alone earned a 👍🏾from me..
@lockepalecek7682
@lockepalecek7682 2 жыл бұрын
Forex and crypto trading is one of the profitable money exchange service that elevate Investors and their financial status
@a.loismurphy9070
@a.loismurphy9070 2 жыл бұрын
The way people talk about crypto trading is profitable, please can someone help me on the right path
@christianladesma9291
@christianladesma9291 2 жыл бұрын
Poor orientation has cause some failure in Forex trade
@edwardthompson8982
@edwardthompson8982 2 жыл бұрын
@@a.loismurphy9070 You're right, how many millionaires do you know who got rich from a savings account? This is why I am investing more crypto currency and it has paid off.
@lawerencemiller9720
@lawerencemiller9720 2 жыл бұрын
I have been seeing comment about Mrs Allie Murray on trading, she must be good base on what I have been seeing
@graigsmith4673
@graigsmith4673 2 жыл бұрын
I'm suprise someone mentioned Mrs Allie Murray, I thought am the only person trading with her. She recovered my lost when I was trading by myself.
@LeToyRider24
@LeToyRider24 Жыл бұрын
I love the grounded reality of this channel..I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Lincoln Mount has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 20 BTC lately.
@djbrucecorner
@djbrucecorner Жыл бұрын
Crypto price has been side ways. You are so right about trading
@ilsix
@ilsix Жыл бұрын
I totally agree with you, Day trade only with the help of an expert …it's possible to stay 100% profitable that way.
@faro840
@faro840 Жыл бұрын
New to the space. Very digestible content :) Thank you for for putting out this knowledge. I will getting touch with Lincoln for advise
@InG3n
@InG3n Жыл бұрын
I believe this Bitcoin is the future. I also know this is the greatest freedom technology developed in my lifetime, and I’m thrilled to see the progress and development in this space
@churros93
@churros93 Жыл бұрын
To avoid making loses, you need to get the right expert with the right strategy to trade with, Lincoln is a guy that has what it takes, seeing that he has helped so many traders out there.
@dustinzender
@dustinzender 2 жыл бұрын
Well you just answered a ton of questions I had, don’t even care if it was left ear only.
@jaspermoore373
@jaspermoore373 2 жыл бұрын
I will forever appreciate this channel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you😘
@frankgregory2839
@frankgregory2839 2 жыл бұрын
I will love to be your friend dear, as well as share some ideas to my husband and about your earning weekly.
@jaspermoore373
@jaspermoore373 2 жыл бұрын
@@frankgregory2839 I can share some that helped me, 1. Plan towards it 2. Be minimal on spending 3. Save money wisely towards retirement 4. Save to invest, it's a proven way to get richer.
@frankgregory2839
@frankgregory2839 2 жыл бұрын
@@jaspermoore373 Yeah I know you're speaking of investing, how can one start a great and profitable one?
@jaspermoore373
@jaspermoore373 2 жыл бұрын
@@frankgregory2839 There are lots of investing options (real estate, stocks,gold silver, cryptocurrency, Airbnb,ETFS)
@tessyada2tessyada221
@tessyada2tessyada221 2 жыл бұрын
@@jaspermoore373 I have had no luck investing in cryptocurrency,I actually invest on my own but my profit aren't always as I expect, sometimes I just keep loosing money
@stevenpaul4394
@stevenpaul4394 2 жыл бұрын
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up
@danielmattew2611
@danielmattew2611 2 жыл бұрын
Hello, I'm new to Bitcoin trade and I've been making huge losses but recently i see a lot of people earning from it Please can someone tell me what to do?
@terryarthur5148
@terryarthur5148 2 жыл бұрын
The new digital gold has created a new trillion-dollar's opportunity around the world! Where do you think your country is headed for
@patience431
@patience431 2 жыл бұрын
All you need is a professional trader to avoid making losses
@andrewedward1127
@andrewedward1127 2 жыл бұрын
That is true, you need an expert broker and account manager to make good profit from Bitcoin trade.
@johnmark8996
@johnmark8996 2 жыл бұрын
Trading on your own is very risky, many people have lost a lot trading for themselves
@abdulkadiribrahim9033
@abdulkadiribrahim9033 Жыл бұрын
Beautiful work guys
@aceofspades3543
@aceofspades3543 2 жыл бұрын
IT WAS PERFECT!!!!!!!!
@ajabosikwamichael1462
@ajabosikwamichael1462 2 жыл бұрын
what is the best way to make money from investing
@hectorbailey5081
@hectorbailey5081 2 жыл бұрын
I don't trade, I invest with a professional assigned by a crypto company that trades for us and returns profits weekly for me and you can invest your capital and get weekly Returns of investment (ROI) without any extra fees attached
@hectorbailey5081
@hectorbailey5081 2 жыл бұрын
The professional is Mrs. Melissa Tyson
@momendaraghmeh7742
@momendaraghmeh7742 2 жыл бұрын
I think the best way is to invest with a professional, at least it saves the trauma of too many losses
@momendaraghmeh7742
@momendaraghmeh7742 2 жыл бұрын
This just surprised me because I also invest with Melissa Tyson.
@lesbrown5344
@lesbrown5344 2 жыл бұрын
@@hectorbailey5081 Wow! I made a lot of money last year trading with Melissa Tyson.
@kingbach7210
@kingbach7210 2 жыл бұрын
Wow awesome video❤ right nów I'm investing my time and money in crypto now, this new price is a clear sign for newbies to invest to come in.
@TheRainyHome
@TheRainyHome Жыл бұрын
Thanks mate great video
@malcomshabazz4084
@malcomshabazz4084 2 жыл бұрын
Great job.
@MrX-bc7ip
@MrX-bc7ip 3 жыл бұрын
PoS is more accessible and decentralized, empowering coin holders, who “stake” coins to “forge” blocks by maintaining an online wallet or node. Thank you for very explained and detailed video. It's very helpful for beginners in crypto. Keep this good work up.
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
Thanks so much for your helpful feedback, it's very appreciated :D
@andreguilbault5074
@andreguilbault5074 2 жыл бұрын
Your video title is not actually describing standard staking of crypto. For example on Celsius you simply stake your crypto and earn Intrest. No validation. Kucoin has several levels soft staking and lock up . Still no validation. So perhaps you should adjust the title you are describing actually becoming a validation node it sounds like to me .
@llibyenz6952
@llibyenz6952 2 жыл бұрын
awsome thanks guy
@inuyatsha2018
@inuyatsha2018 2 жыл бұрын
Thanks!
@ChristopherAbelman
@ChristopherAbelman Күн бұрын
Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my $285k portfolio comprising of plummeting stocks that were recommended by certain financial KZbinrs, quite devastating!
@HildaBennet
@HildaBennet Күн бұрын
not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound
@FinnBraylon
@FinnBraylon Күн бұрын
profits from the forex market encouraged me to begin investing. What matters, in my opinion, is that if you invest and make additional passive income in addition to dividends, you will be able to live off of profits without selling. It implies that you can provide that benefit for your children, giving them a head start in life. I've invested more than “$600K” in dividend stocks through my asset manager and will continue to do so until the price falls even further
@JosephineKenney
@JosephineKenney Күн бұрын
I’ve felt like an outsider looking in since I first bought dividends kn 2018. I planned to do more research and increase my earnings but I got lazy and forgot. So now its time to stop being stubborn and. Ask for help. Can you tell me where to get answers?
@FinnBraylon
@FinnBraylon Күн бұрын
Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@JosephineKenney
@JosephineKenney Күн бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@moondrop_5019
@moondrop_5019 2 жыл бұрын
I thought my IEM is faulty, it freaks me out😂😂😂
@carolynoconnor1509
@carolynoconnor1509 2 жыл бұрын
Great explanation!
@lenice.rocha.51
@lenice.rocha.51 2 жыл бұрын
If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself
@nancyfaith6890
@nancyfaith6890 2 жыл бұрын
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
@walkerron856
@walkerron856 2 жыл бұрын
Crypto trading is very profitable when you trade well.
@scottwadatm5219
@scottwadatm5219 2 жыл бұрын
How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
@scottwadatm5219
@scottwadatm5219 2 жыл бұрын
Just bought $10k Ethereum and $30k bitcoin with the recent dump in crypto I was told it's the right time to buy and get ready for a skyrocket.
@michaeldarfoor9924
@michaeldarfoor9924 2 жыл бұрын
Wow!! Impressive you trade with Pamela Morgan too! I thought people don't know her that well.... She's really awesome!
@yeshuaexcel3407
@yeshuaexcel3407 2 жыл бұрын
Question. When you stake, you give up your Tokens to an automated system. Does that then suggest that you cannot control the chances of your stake being involved in a wrong answer ?? Therefore, losing you tokens that you have no control over ??
@Revyan
@Revyan 2 жыл бұрын
You could if the code itself is fraudulent, example is Save the Kids token where the one of the code says that it can be edited, and then it got edited and rug-pulled
@yeshuaexcel3407
@yeshuaexcel3407 2 жыл бұрын
@@Revyan thanks
@steverr
@steverr 2 жыл бұрын
👍really good job
@siyabongakhoza1325
@siyabongakhoza1325 Жыл бұрын
Easy to understand, good explanation
@stevenjuan259
@stevenjuan259 2 жыл бұрын
NICE VIDEO👏; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, I ADVISE, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,
@tylerheather4413
@tylerheather4413 2 жыл бұрын
You're right sir
@tylerheather4413
@tylerheather4413 2 жыл бұрын
That is why I had to start forex trading 2months ago with expert Jackson Williams and now am making benefits from it.
@robertrita4986
@robertrita4986 2 жыл бұрын
Thanks for introducting me to Mr Jackson Williams.
@jonathanandrew4584
@jonathanandrew4584 2 жыл бұрын
Natural, there’s a lot of math involved in cryto trading and forex trading,
@jonathanandrew4584
@jonathanandrew4584 2 жыл бұрын
but this is often presented in forms of daunting technical charts, indicators, patterns.
@rocketman3534
@rocketman3534 2 жыл бұрын
where did everyone learn this stuff it just popped up out of nowhere so for the older generation it is very mind boggling
@oznfts5649
@oznfts5649 2 жыл бұрын
thanks its good explanation :)
@steiner254
@steiner254 2 ай бұрын
Interesting
@thehumbleone7989
@thehumbleone7989 3 жыл бұрын
I always wondered what kind of mathematical problems computers solve and what is the use of this problem-solving. I mean who generates these problems, why are there problems to begin with, is there any practical use of this problem-solving and why are we doing this... What I understand: computer gets a random equation (2+2 =), computer says 4, well done here is a cooky. Can somebody explain the idea behind all of this in simple words?
@WhiteboardCrypto
@WhiteboardCrypto 3 жыл бұрын
Hey! You should definitely check out our "proof of work" video - it explains exactly what problems the computers are solving, hope it helps :)
@thehumbleone7989
@thehumbleone7989 3 жыл бұрын
@@WhiteboardCrypto K, I’ll check it out
@andreguilbault5074
@andreguilbault5074 2 жыл бұрын
You know there are much simpler ways to stake your crypto just an FYI. I know that for bitcoin the problem solving is an extremely complex mathematical equation. In the beginning it was a simple math problem that could be solved on a calculator as more and more btc is mined the equation got harder and harder to the point know where you need nasa level computers.
@chibong
@chibong 2 жыл бұрын
How do you mine “wrong” where you get penalized?
@calmingmusic8151
@calmingmusic8151 Жыл бұрын
Thankkksss u sooo muchb
@hirokulot8965
@hirokulot8965 2 жыл бұрын
Staking is one of the way to earn in crypto. What I want to learn now is the AI trading just like mercor used.
@suzanne6554
@suzanne6554 2 жыл бұрын
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@Michaelbrown-ix5cq
@Michaelbrown-ix5cq 2 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@Michaelbrown-ix5cq
@Michaelbrown-ix5cq 2 жыл бұрын
I will advice you should stop trading on your own if you keep losing and start trading with Mrs Sarah trading services
@Michaelbrown-ix5cq
@Michaelbrown-ix5cq 2 жыл бұрын
I lost £1200 carelessly trading on a platform then I was referred to Mrs Sarah she recovered the loss and made an extra profit of £4600
@markvile8521
@markvile8521 2 жыл бұрын
Wow I'm just shock you mentioned and recommended Expert Mrs Sarah I thought I'm the only trading with her
@markvile8521
@markvile8521 2 жыл бұрын
I'm so happy for taking the bold step in working and investing $2000 with Expert Mrs Sarah after a week I received $19,680 to my bank
@shibanation7632
@shibanation7632 2 жыл бұрын
Thanks for the nice video.
@olajideogun7230
@olajideogun7230 2 жыл бұрын
Great video!
What is Proof of Work? (Cryptocurrency Explanation)
9:36
Whiteboard Crypto
Рет қаралды 232 М.
Mining Vs Buying Crypto - Which is more Profitable? (Free Spreadsheet)
14:04
CAN YOU HELP ME? (ROAD TO 100 MLN!) #shorts
00:26
PANDA BOI
Рет қаралды 36 МЛН
Be kind🤝
00:22
ISSEI / いっせい
Рет қаралды 17 МЛН
ISSEI funny story😂😂😂Strange World | Magic Lips💋
00:36
ISSEI / いっせい
Рет қаралды 193 МЛН
What is a Rug Pull in Crypto? (Meaning + 3 Examples)
8:07
Whiteboard Crypto
Рет қаралды 396 М.
What is the EVM? Ethereum Virtual Machine - Explained with Animations
8:14
What is a Mining Pool in Crypto? (Animated + Examples)
8:11
Whiteboard Crypto
Рет қаралды 64 М.
How to Never Go Broke (By Staking $ETH)
10:12
Coinsider
Рет қаралды 30 М.
What is Impermanent Loss in Crypto? (Animated + Examples)
8:17
Whiteboard Crypto
Рет қаралды 247 М.
What is Cosmos? ATOM Explained with Animations
10:24
Whiteboard Crypto
Рет қаралды 76 М.
💰From $100K to $64M: Master the Money Staking $SOL!
14:45
InvestAnswers
Рет қаралды 140 М.
How does a blockchain work - Simply Explained
6:00
Simply Explained
Рет қаралды 10 МЛН
CAN YOU HELP ME? (ROAD TO 100 MLN!) #shorts
00:26
PANDA BOI
Рет қаралды 36 МЛН