Guaranteed Stake refers to a system where participants in a blockchain network can lock up a certain amount of their cryptocurrency to support network operations, like validating transactions. By committing their funds, these participants help secure the network and, in return, they often earn rewards or interest.This approach is commonly used in Proof of Stake (PoS) consensus mechanisms. Rather than relying on energy-intensive mining, PoS allows users to stake their coins. The more coins staked, the higher the chances of being selected to validate transactions and create new blocks.The “guaranteed” aspect implies that the staked amount is safe from significant loss due to market fluctuations over a defined period, although it is still subject to certain risks. Participants typically face penalties for any malicious behavior or if they attempt to exit the staking process prematurely.In summary, Guaranteed Stake encourages user participation, enhances network security, and offers a potential for earnings while requiring a commitment of assets.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to