Cryptocurrency Staking Basics
In cryptocurrency staking is, from a user perspective, like being paid interest for holding a coin.
NEO is essentially the Chinese answer to Ethereum. It is a blockchain based smart contract network that allows for Daaps, ICOs, and more.
In other words, it is a distributed computing platform does most everything Ethereum does. Beyond what it shares with Ethereum, NEO also has its own unique attributes.
For example, NEO has the benefit of paying out a token called GAS to all NEO holders.
In cryptocurrency staking is, from a user perspective, like being paid interest for holding a coin.
Let’s look at some of the top cryptocurrencies that aren’t Bitcoin. Longstanding popular alternatives to Bitcoin including ETH, ETC, XRP, XLM, LTC, XMR, ZEC, NEO, and DASH. New top coins include BCH, EOS, ADA, IOTA, TRON, and ZRX.
A DApp, or Decentralized Application, is a software program that allows users to interact with a network like the Ethereum network.
Binance is one of the top cryptocurrency exchanges. They have a wide selection of altcoins, low fees, futures, options, staking, and their BNB token even has its own Ethereum-like blockchain.
Below is a list of important cryptocurrencies and additional resources you can use to learn more about all the different cryptocurrency types.
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