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WordNet-Online
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Definitions from the WebStakerA staker is a person or entity that invests their capital or resources in a proof-of-stake (PoS) blockchain network to validate transactions, earn rewards, and maintain the stability and security of the network. Example Sentences: 1. As a staker in the Ethereum network, John has earned substantial rewards by validating transactions and securing the network. 2. Many cryptocurrency enthusiasts choose to become stakers to contribute to the decentralization of blockchain networks while earning passive income. 3. The stakers play a crucial role in ensuring the integrity and consensus of the PoS blockchain by validating blocks and proposing new transactions. Related Products on Amazon: | ||||
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