Episode 113 - What is Restaking?

BlockShots: Blockchain Simplified

Sisällön tarjoaa Gautam Dhameja. Gautam Dhameja tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

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Restaking is staking of already staked tokens. But how is the possible?

If tokens are staked for one purpose — providing econoimic security for consensus of a network — they could be further staked to provide security to other networks or apps.

The process of restaking works by overriding the withdrawal and slashing conditions of user’s staked tokens.

Listeners are encouraged to also check out the Episode 22 where Proof of Stake and Staking are explained.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.blockshots.net

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#Tech #Podcasting Education #Blockchain For Beginners