Blind staking is a method used to participate in proof-of-stake (PoS) networks without needing to manage the staking process directly. Users can delegate their tokens to validators while retaining ownership of their assets.
This allows individuals to earn rewards without actively running a node or engaging in the technical aspects of staking. With blind staking, users don’t need to lock their tokens for long periods.
They can easily withdraw or move their funds while still benefiting from staking rewards. This method is particularly appealing to those who may not have the technical knowledge or resources to run a node. In blind staking, the user relies on a trusted validator to manage the staking process.
By delegating tokens, the validator stakes on behalf of the user, and in return, the user receives a portion of the rewards generated. This approach lowers barriers to entry for participation in PoS networks, making staking more accessible to a broader audience.
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