What is Staking in Crypto (Definition + Rewards + Risks)

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  • Опубликовано: 2 май 2024
  • You might be wondering "What is Staking" when it comes to learning about cryptocurrencies. In this video, we will go over what staking is, how to set it up, and the benefits of it.
    Proof Of Stake is a blockchain verification method that is much more energy-efficient and less risky than the more common Proof of Work method. Only one miner is chosen as a time to validate the blockchain, but the miner must lock up some of their coins as collateral to be chosen. The miner is punished for creating any fraudulent transactions by losing their collateral, and rewarded for good transactions by the creation of new coins and with the transaction fees the senders paid.
    Learn more about PoW (Proof of Work) :
    • What is Proof of Work?...
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Комментарии • 1,1 тыс.

  • @WhiteboardCrypto
    @WhiteboardCrypto  2 года назад +372

    Yes! We understand that we neglected your RIGHT EAR in this video. As comments about that came rolling in, we attempted to come up with creative responses. We have run out of those, because we were hoping if you were going to comment about the audio issue, you would see we mentioned it in other comments. Instead, we are making this pinned comment **so that you understand our first 3 videos have the same issue**. We wrote, recorded, animated, and marketed 40 videos in 3 months about complex crypto topics, so please forgive this issue. Subscribe to watch new videos that don't have this issue! Thanks :)

    • @karlisimo
      @karlisimo 2 года назад +1

      Ayy kings whatever the comments are about, they are going in your favour, the RUclips alghorithm likes comments

    • @dinglebhound7635
      @dinglebhound7635 2 года назад +1

      Left ear guy is a hater. or so it seems

    • @SaintKrauss
      @SaintKrauss 2 года назад +1

      Subbed bec of this commant.

    • @MrRedsjack
      @MrRedsjack 2 года назад +5

      Spent 5 minutes trying to truble shoot my headphones before reading this 😂

    • @craigkornick
      @craigkornick 2 года назад

      Please get rid of the creepy Hitler character

  • @cheasmoon8213
    @cheasmoon8213 2 года назад +1928

    my left ear enjoyed this

    • @WhiteboardCrypto
      @WhiteboardCrypto  2 года назад +149

      We're running out of creative right ear comments

    • @ikust007
      @ikust007 2 года назад +4

      @@WhiteboardCrypto that’s because I am deafening my right emotions ;)

    • @IAMHe777
      @IAMHe777 2 года назад +3

      My left but enjoyed it more 😈

    • @MarcoS-ue7og
      @MarcoS-ue7og 2 года назад +37

      Me thinking my new earbuds did not connect both :)

    • @RepostDawg
      @RepostDawg 2 года назад +3

      Booooooooooo THIS COMMENT IS SOO OUT OF TREND

  • @frankedusolutions8535
    @frankedusolutions8535 2 года назад +112

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      @whatapp-tm6gd 2 года назад +1

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    • @johnsonbenjamin9639
      @johnsonbenjamin9639 2 года назад

      I have actually started but honestly it's really difficult dear

    • @whatapp-tm6gd
      @whatapp-tm6gd 2 года назад

      Please how did you go about it and why do you find it difficult.

    • @johnsonbenjamin9639
      @johnsonbenjamin9639 2 года назад

      Well why it has not worked out is something I can't explain. I have watched several beginner videos and followed their steps but I am not cutting it.

    • @frankedusolutions8535
      @frankedusolutions8535 2 года назад

      It's actually sad to see people go into trading without a full-on knowledge of how they can achieve their set out objectives.

  • @gothama7522
    @gothama7522 2 года назад +6

    This series helps me alot to understand crypto easily

  • @fredrikaschulte9235
    @fredrikaschulte9235 2 года назад +27

    Hello please how does this crypto thing works...I’m really interested, how do I go about investing, kindly suggest a good trader or trainer

    • @morganroth44
      @morganroth44 2 года назад

      Frank Trading Services strategies is working for me at the moment and am making good profit from Forex and crypto trading, and NFT's

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      @lalitnagarajan8469 2 года назад

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    • @bertoolivarez2808
      @bertoolivarez2808 2 года назад

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      @larahalleck7684 2 года назад +1

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  • @lockepalecek7682
    @lockepalecek7682 2 года назад +74

    The way people talk about how profitable cryptocurrency and bitcoin trading is, please can anyone help me on the right track

    • @maximusrodger1889
      @maximusrodger1889 2 года назад +1

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      @a.loismurphy9070 2 года назад

      Poor orientation has cause some failure in forex trade

    • @sidi2046
      @sidi2046 2 года назад +2

      @@maximusrodger1889 You're right, how many millionaires do you know who got rich from a savings account? This is why I am investing more crypto currency and it has paid off.

    • @kimmartinez8418
      @kimmartinez8418 2 года назад

      I have been seeing comment about Mrs Allie Murray on trading, she must be good base on what I have been seeing

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      @christianladesma9291 2 года назад

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      She recovered my lost when I was trading by myself.

  • @hslai6712
    @hslai6712 2 года назад +16

    Thanks for the visually-effectively and animated explanation!

  • @pascualcaraballo1737
    @pascualcaraballo1737 2 года назад +255

    Nice video. A sturdy foundation ensures overall success and this is what having a mentor brings.
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    • @adamjerome5
      @adamjerome5 2 года назад +2

      How do I go about finding a good professional who can put me through the use of financial analysis to determine what crypto to buy?

    • @pascualcaraballo1737
      @pascualcaraballo1737 2 года назад +1

      @@adamjerome5 Hey,Sure! A good guide can help you overcome this challenge. You may want to try contacting Alex Mathew! He is extremely good at what he does

    • @adamjerome5
      @adamjerome5 2 года назад

      @@pascualcaraballo1737 I think I've heard about him one certain time. Please how do I meet him?

    • @pascualcaraballo1737
      @pascualcaraballo1737 2 года назад +1

      TELEGRAM@Gain_with_alex

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  • @rafaelferreira3509
    @rafaelferreira3509 2 года назад +3

    Started on Crypto last month. Awesome channel bud!

  • @assuredqualityservices3422
    @assuredqualityservices3422 2 года назад +4

    Very well done video and quite informative. Great job!

  • @namezgor
    @namezgor 2 года назад +2

    I had a really difficult time understanding the difference between proof of stake and proof of work. I searched all over youtube and the internet to try to understand without success. This video finally helped me understand it. Thank you so much!

  • @JoeHertler
    @JoeHertler 2 года назад +28

    The quality of your new videos have gotten vastly better. Keep it up brother. You’ve improved dramatically. You’re gonna make it on crypto RUclips. Dedicate all of the time you possibly can to this it. It’ll be worth it!

  • @Biebermonic
    @Biebermonic 2 года назад +5

    I appreciate this video, it clarified some concepts and opened up many other questions... Lol.
    My questions are: What is a validator? How does it choose you? Lastly, what happens to your stake if it doesn't get validated?
    Hopefully those questions make sense, since I really don't understand those questions myself. 😂

  • @bathmavathikrishnan3614
    @bathmavathikrishnan3614 Год назад +47

    I have been thinking of investing in cryptocurrency lately but always not getting it,can anyone here be of help please 🙏 🇺🇸🇺🇸

    • @maamoy4453
      @maamoy4453 Год назад

      @Wood Chris hey can I startup with £4k?

    • @hellenalexander4192
      @hellenalexander4192 Год назад

      @@maamoy4453 Yes of course..
      it's been four months now I started investing with her and it's been of no regrets.

    • @jamescharlotte5603
      @jamescharlotte5603 Год назад

      @@hellenalexander4192 Trading with an expert is the best strategy for newbies as well as busy investors who have little or no time to monitor their trade

    • @jenniferpatrick9546
      @jenniferpatrick9546 Год назад

      @@jamescharlotte5603 That is true sir I've been trading for years and it has been my source of income

    • @jenniferpatrick9546
      @jenniferpatrick9546 Год назад

      I earned $30,400 on every 10,000 I invested with 7days trading

  • @aus-reviews8462
    @aus-reviews8462 2 года назад +2

    best video on staking on youtube.

  • @ekyfabyanto1390
    @ekyfabyanto1390 6 месяцев назад

    Your channel is a blessing, keep up the good work!❤

  • @shanellbryant6555
    @shanellbryant6555 3 года назад +8

    Thank you for creating this easy to understand video on how staking is used with reguards to bitcoin.

  • @toukun4163
    @toukun4163 2 года назад +13

    I see myself watching all your current and future vids. Good job dude!

    • @WhiteboardCrypto
      @WhiteboardCrypto  2 года назад

      We appreciate that!

    • @farschmessivo
      @farschmessivo 2 года назад

      @@WhiteboardCrypto amazing work, thanks a lot!
      please keep in mind that in this video the Right Audio channel is silent

    • @WhiteboardCrypto
      @WhiteboardCrypto  2 года назад +1

      Yeah, unfortunately our first 3 videos had audio issues. Its rough those ones are doing the best at the moment lol. Thanks for watching :)

  • @CJ-ls9kn
    @CJ-ls9kn 2 года назад

    Great content, thank you for the effort!!

  • @moonseven8830
    @moonseven8830 Год назад +1

    Strong ideas in your video. Staking is taking the whole crypto space by storm and for those that dont knw what the merge is, it made eth and its tokens cheaper in transactions while providing ROI as much as 500% if staked right. I think that this is actually one of the most interesting faucet of the crypto market in entirety except for maybe btc as most assets are now staked. The main thing is finding the right platform with a strong enough reward and very active live support system either onsite or on social presence. One important thing to note is validators credibility. StakingStage is one staking community I cherish so much with ease of use and good support Site is also pretty informative. Keep pushing out contents like this. People need to know about Staking

  • @Easy-3577
    @Easy-3577 Год назад +4

    Thanks for a great explanation! This video really helped me. I still am curious about one aspect. The selected validator node must be able to "mine" the next block just like in PoW. So there must be some kind of compute power / time based requirement on each validator node? But neither the ETH nor FLUX validator nodes are required to have much in the way of compute power. I expected each validator to be required to have access to dozens of ASIC miners or a few of hundred GPUs.

  • @j.d.lindsey2919
    @j.d.lindsey2919 2 года назад +4

    New subscriber watching some older videos of yours…these are excellent and really help me understand! Keep up the great work! One tip, at the 3:13 mark in this video you said “proof of work” but I think you meant “proof of stake.” Maybe I’m wrong about that.

    • @wanglelife
      @wanglelife 2 года назад +1

      Yes, good catch. It is an error in the video. Proof of Work coins do not require you to lock up any coins.

  • @QQQ80804
    @QQQ80804 3 года назад +2

    Really good. Thanks.

  • @drjones694
    @drjones694 2 года назад +1

    Omg I thought my headphones were going bad on tye right lol
    Great video though keep the great content coming

  • @jonahbusch1194
    @jonahbusch1194 2 года назад +5

    By far the most helpful video I’ve seen Thanks!

  • @memeticadan
    @memeticadan 2 года назад +3

    Hi. Thank you for your video. Maybe someone mentioned this already but I noticed that at 3:13 you say Proof of Work whereas I think you meant Proof of Stake? Or I'm confused :)

  • @kareemjones4680
    @kareemjones4680 2 года назад

    YOUR ABSOLUTELY AMAZING!!! Thank you 💯💯💯

  • @kashstudio3064
    @kashstudio3064 2 года назад

    An amazing video that cleared a lot of concepts. =
    Few questions.
    1. What if you never get selected to validate?
    2. Does Ethereum has moved onto proof of stake? What is ETH 2.0?

  • @trevinosoutdoors7239
    @trevinosoutdoors7239 2 года назад +15

    Clear as mud. Where do you go to do this staking? What are your chances of losing your coin? When do you get your coin back? How do you get it back? What can you do if you do not get it back? Do a live video while you are stacking and do not assume we understand the new words you are using. I am new to this and need lots of detail. Slow down when explaining. Thanks for your time. 👍🏻

    • @qays1991
      @qays1991 2 года назад +1

      Agree on a little bit slower could help

  • @korinnamolenaar7104
    @korinnamolenaar7104 2 года назад +9

    Wow you explained this soo clearly! The animation helped me understand it 100x faster then I would have if you didn’t have the animation, keep up the good work! ☺️

  • @84ready3
    @84ready3 2 года назад +1

    Great work!!!!! I subscribed after this video!!! Please keep up the GREAT work!!!!! Thank you!!!!

  • @telesniper2
    @telesniper2 3 месяца назад

    Thanks bro, subscribed.

  • @gustavofraga3773
    @gustavofraga3773 2 года назад +6

    you guys create fantastic content! keep it up, youre being extremely valuable to the crypto education around the world for sure

  • @DiegoTeliz
    @DiegoTeliz 2 года назад +12

    Thanks for the video, great explanation. I have a question though: there are some wallets (Exodus for example) that allows you to Stake your coins, and then you get the reward, you don't have to do anything else apart from allocating your stake of coins and pushing a button. Does anyone knows how this work? I mean, do I need to leave the wallet open or because it is installed in my computer/phone it runs a background process to validate transactions? or is there an external service provided by the wallet running behind the scenes?

    • @Dore_16888
      @Dore_16888 Год назад

      You only need to pledge tokens in Staking to provide arithmetic power to the blockchain, and it will calculate the profit for you based on the percentage of your money and time, you don't need to pay attention to it every day

  • @Mav2208
    @Mav2208 Год назад +2

    Do any of the videos explain layer 1 vs layer 2 and go over what those mean? Really appreciate these videos bc it's so much easier to understand than any other videos out there.

  • @favourmichael7891
    @favourmichael7891 Год назад +1

    I always look forward to your content. I stake my asset (GHNY) in the Honeypot to earn more returns, one of the best way I earn through staking and also passively.

  • @Amy-nc7qs
    @Amy-nc7qs 3 года назад +5

    these videos have great animations and the information is well explained, nice job!

  • @reyansh437
    @reyansh437 2 года назад +237

    Great video really. Also i agree with your opinion, For the newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's the sad truth. For a start you need a good and experienced hand to guide you. Trust me, trading isn't difficult as we see it. With the right Signals and guide of Mr Anthony matt, you can earn hugely month

    • @emilyspruill8220
      @emilyspruill8220 2 года назад

      You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. I actually don't mind paying

    • @reyansh437
      @reyansh437 2 года назад

      @@emilyspruill8220 That's sad. i totally understand. i actually lost too at the early stage and then i had someone to manage my account and i watched his strategy and how he does it. Anthony has been my mentor and i trade using his daily signals

    • @viktor5487
      @viktor5487 2 года назад

      Trading without any guide is so risky, you're right. you need to get a good mentor to guide your trades.

    • @arthurbenjamin4398
      @arthurbenjamin4398 2 года назад

      Building a good investment portfolio is more complex so I would recommend you seek ANTHONY support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams.

    • @elenainna3562
      @elenainna3562 2 года назад

      It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals.

  • @samsmusichub
    @samsmusichub 2 года назад

    Thanks for this great video! Sent to a friend.

  • @grassbed
    @grassbed 2 года назад +1

    Wow thanks a lot that really helped👍

  • @avivhadar5478
    @avivhadar5478 2 года назад +6

    You mention "good validation" & "bad validation" without explaining how does one validates? what determines the results of a validation?
    a "bad validation" is a result of a validator doing something malicious, or it can happen to anyone?

  • @kermit1
    @kermit1 2 года назад +3

    Thanks for the video man. Quick question, how is it possible for your node to validate incorrectly? I have no interest in staking, but If I set up a node and uploaded my 32 ETH, find out it’s my turn only to find out my node incorrectly validated and I lost ETH as a result I would be pissed. What would one need to know to make sure your node correctly validates?

    • @WhiteboardCrypto
      @WhiteboardCrypto  2 года назад +5

      As I understand it, when you become a validator as long as you set it all up correctly, you should automatically validate true blocks. However if you wanted to try to scam the network, that is when you would edit the validators code and attempt to validate fraudulent blocks, so it would require work outside of the regular setup guide to validate incorrectly, the chance of doing it accidentally is almost 0. Hope this helps!

  • @dennycote6339
    @dennycote6339 2 года назад

    Interested in staking...this made it more clear

  • @natdeu
    @natdeu 2 года назад

    Thank you for this video

  • @lionlamb2702
    @lionlamb2702 2 года назад +5

    IF I invest in an ETH miner, would they increase or decrease with the new Etherium switch from POW to POS

  • @StJames-xt7xt
    @StJames-xt7xt 2 года назад +3

    This is unbelievably helpful and informative. Great video thank you for sharing this. Liked and subscribed :)

  • @dustinzender
    @dustinzender 2 года назад +1

    Well you just answered a ton of questions I had, don’t even care if it was left ear only.

  • @TheRenerod
    @TheRenerod 2 года назад +1

    Thank you!

  • @drankenstein5241
    @drankenstein5241 2 года назад +33

    Tbh I have a about a year or more trying to understand crypto I watch crypto content everyday and I'm convinced I am certain I will not understand it

  • @lancesay
    @lancesay 2 года назад +3

    is staking in crypto like earning interest at the bank, in saving, or buying cd?

  • @muskanchuroria9571
    @muskanchuroria9571 2 года назад +1

    Great video about crypto. Very helpful video. Thanks for sharing it.

  • @darrylflynn6409
    @darrylflynn6409 2 года назад +1

    Fark me as a new crypto investor I must be younger than 5 I loved his animations but was more confused abt staking after the video than I was before lol I will just buy coins/tokens that I think will surge like Enjin sandbox Decentraland ve chain axis infinity avalanche cardano and my personal favourite ve chain good luck and hope U make millions

  • @gregorythompson4189
    @gregorythompson4189 2 года назад +17

    Thanks for the info. You mentioned in the example of staking that “nobody runs without” getting a reward. My question is around that point. If I were to stake coins but was never chosen to be a validation/miner then what rewards would I be entitled to? Most videos highlight the fact that the miner is rewarded, but I can’t seem to understand what specific rewards (if any) are there for someone who is simply staking and has yet to be randomly chosen.

    • @lucyjackson9408
      @lucyjackson9408 2 года назад +6

      Did you ever get an answer to this?

    • @gregorythompson4189
      @gregorythompson4189 2 года назад +6

      @@lucyjackson9408 I have not just yet.

    • @johntruong4227
      @johntruong4227 2 года назад +7

      I think the reward is earning interest on what you stake. I’m currently earning 4.5% APR for my staked ETH.

    • @loid9780
      @loid9780 2 года назад

      He did mention the random selection criteria. However some crypto protocols use a straight rotation in the selection of the validator for the proposal. Investigate RadixDLT for further info.

    • @filipturcin1288
      @filipturcin1288 2 года назад

      @@johntruong4227 on month ,day?

  • @01xantippe
    @01xantippe Год назад +3

    I also want to stake some crypto but usually miss the best options while they run out too fast :( Is there a solution for that? How can I follow when there are new staking options??

  • @oliviablockwell6283
    @oliviablockwell6283 2 года назад +1

    Your videos are awesome! High five guys :)

  • @jasonsmith4143
    @jasonsmith4143 2 года назад +22

    This is really an amazing video for those who want to move financially, Forex requires the expertise of a professional broker, that is why i have made huge profits since i started trading with Mrs Brenda Celine.

    • @patriciagibbs499
      @patriciagibbs499 2 года назад

      Wow, great to see my trader well represented here, i'm a testimony to her effective strategies which increased my wallet tremendously.

    • @glennmorgan2847
      @glennmorgan2847 2 года назад

      The forex market is stronger than the stock market that’s why I trade with Brenda to make profits for me. She charges a fair commission of just 20% from the overall profits generated.

    • @geraldharris1634
      @geraldharris1634 2 года назад

      I’m new at this. how can I reach your broker?

    • @lindagoodwin9480
      @lindagoodwin9480 2 года назад

      I was skeptical at first until I decided to try. Its huge return is awesome! I can’t say much.

    • @jamesmott7104
      @jamesmott7104 2 года назад

      Amazing I also just started trading with Mrs Brenda Celine, She is the best at what she does with an initial investment of $1500 i made up to $5230 in just a week of trading with her, Her strategies are mind blowing.

  • @MrX-bc7ip
    @MrX-bc7ip 3 года назад +3

    PoS is more accessible and decentralized, empowering coin holders, who “stake” coins to “forge” blocks by maintaining an online wallet or node.
    Thank you for very explained and detailed video. It's very helpful for beginners in crypto.
    Keep this good work up.

    • @WhiteboardCrypto
      @WhiteboardCrypto  3 года назад

      Thanks so much for your helpful feedback, it's very appreciated :D

  • @TheRainyHome
    @TheRainyHome Год назад

    Thanks mate great video

  • @moarteapetrecerii
    @moarteapetrecerii 2 года назад +1

    Good job!🥂

  • @p123a6
    @p123a6 2 года назад +9

    This is still very hard to understand...I've seen a couple staking videos so far and cant wrap my head around everything involved....its pretty frustrating to be honest.... maybe do an example video of buying a coin for what ever price and staking that coin against another if that makes sense...... if I stake a coin do I become a validator at a certain point ?? So confusing

    • @bigdyl6173
      @bigdyl6173 2 года назад +5

      I completely agree. I want to start staking to but now I guess after watching this I need to know how to validate or something? Like what

  • @brerbear2858
    @brerbear2858 2 года назад +34

    Watched a lot of your videos and they all made sense and explained things clearly.. until this one. I still have no idea what is happening when I "stake" my crypto other than I get "staking rewards" each day.

    • @ComBenn
      @ComBenn 2 года назад +7

      This is essenialy it. You stake your Crypto so that your choosen validator is more likely to be choosed by the algorithm to do the approving. You get rewards for giving your validator a higher chance to be choosen by the algorithm.
      The good thing for the chain about PoS is that the Coins locked up in staking is value locked up and therefore makes the coin less volatile, therefore more stable.

    • @TheAdnanSakib
      @TheAdnanSakib 2 года назад +2

      @@ComBenn It is frustrating for an outsider to start staking. I am in the IT world and I'm picking up development fundamentals, but not only being able to code on the blockchain but also having the hardware needed makes it seem like big barriers to entry. Even now that I'm learning so much my goal so far only has been to invest, but I'm interested in actually getting involved (e.g. staking) but it is seeming more and more like an uphill battle. I don't know if you or anyone reading this has done staking, and if you have any tips or?

    • @ComBenn
      @ComBenn 2 года назад +1

      @@TheAdnanSakib I think you want to know more about setting up a Validator, right? So that people can stake into your validator?
      I can not help you with that since I never set up a validator myself but some chains are easier than others to start.
      But if you just want to know how to stake your funds I can help you with that since staking is very easy on every chain. On which chain do you want to stake?

    • @yesreally7438
      @yesreally7438 2 года назад

      @@ComBenn Forgive me for pinging you but it sounds like you know what you're doing 🙂 - am I correct in surmising from this vid (~3:00) that only miners can stake crypto?

    • @ComBenn
      @ComBenn 2 года назад +1

      @@yesreally7438 No that is not correct. Every person that buys a Proof of Stake Coin can stake this coins and get rewards for it.
      Most of the chains use validators instead of miners and you can choose with which validator you want to stake.
      For example if you buy Luna (terra) you can send this funds into the terra station wallet and then choose inside the wallet a validator to stake with and get 9% per year. The same goes with Cardano (ADA) in the Yoroi Wallet

  • @TFTWood
    @TFTWood 2 года назад +1

    fantastic explanation!

  • @kamath1yt
    @kamath1yt 3 года назад +8

    Cool animation, complex concept, nicely explained.
    Which tool did you use for creating the animation?

    • @WhiteboardCrypto
      @WhiteboardCrypto  3 года назад

      Thanks for your thoughts! Also, we use the software called Videoscribe :)

    • @kamath1yt
      @kamath1yt 3 года назад +1

      @@WhiteboardCrypto There are a few telegram channels related to crypto, which i am in. In case you spread the message about your channel there, you may get more subscribers / views. If you want, let me know, i will give the channel names.

  • @kingbach7210
    @kingbach7210 2 года назад +4

    Wow awesome video❤ right nów I'm investing my time and money in crypto now, this new price is a clear sign for newbies to invest to come in.

  • @siyabongakhoza1325
    @siyabongakhoza1325 Год назад

    Easy to understand, good explanation

  • @sazisompofu5534
    @sazisompofu5534 2 года назад +1

    I really enjoy your videos

  • @jaspermoore373
    @jaspermoore373 2 года назад +47

    I will forever appreciate this channel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you😘

    • @frankgregory2839
      @frankgregory2839 2 года назад

      I will love to be your friend dear, as well as share some ideas to my husband and about your earning weekly.

    • @jaspermoore373
      @jaspermoore373 2 года назад

      @@frankgregory2839 I can share some that helped me,
      1. Plan towards it
      2. Be minimal on spending
      3. Save money wisely towards retirement
      4. Save to invest, it's a proven way to get richer.

    • @frankgregory2839
      @frankgregory2839 2 года назад

      @@jaspermoore373 Yeah I know you're speaking of investing, how can one start a great and profitable one?

    • @jaspermoore373
      @jaspermoore373 2 года назад

      @@frankgregory2839 There are lots of investing options (real estate, stocks,gold silver, cryptocurrency, Airbnb,ETFS)

    • @tessyada2tessyada221
      @tessyada2tessyada221 2 года назад

      @@jaspermoore373 I have had no luck investing in cryptocurrency,I actually invest on my own but my profit aren't always as I expect, sometimes I just keep loosing money

  • @LeToyRider24
    @LeToyRider24 Год назад +46

    I love the grounded reality of this channel..I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Lincoln Mount has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 20 BTC lately.

    • @djbrucecorner
      @djbrucecorner Год назад

      Crypto price has been side ways. You are so right about trading

    • @ilsix
      @ilsix Год назад

      I totally agree with you, Day trade only with the help of an expert …it's possible to stay 100% profitable that way.

    • @faro840
      @faro840 Год назад

      New to the space. Very digestible content :) Thank you for for putting out this knowledge. I will getting touch with Lincoln for advise

    • @InG3n
      @InG3n Год назад

      I believe this Bitcoin is the future. I also know this is the greatest freedom technology developed in my lifetime, and I’m thrilled to see the progress and development in this space

    • @churros93
      @churros93 Год назад

      To avoid making loses, you need to get the right expert with the right strategy to trade with, Lincoln is a guy that has what it takes, seeing that he has helped so many traders out there.

  • @scorn5873
    @scorn5873 2 года назад

    Had to rewatch this one… the info went in through one ear and right back out the other 🤣

  • @oznfts5649
    @oznfts5649 2 года назад

    thanks its good explanation :)

  • @lolaharrison54
    @lolaharrison54 Год назад +7

    I must admit that this is a great video but know Crypto-currency trading is very volatile one as such is too risky for bigginers without basic knowledge to make good fortune out of it, I suggest you invest with a reputable broker and enjoy your returns.

    • @summercampbell8377
      @summercampbell8377 Год назад

      Irrespective of the volatility in the market, Bitcoin is the best Investment any one can make at the moment.

    • @mohammadmurphy3927
      @mohammadmurphy3927 Год назад

      wow I'm just shock someone
      mentioned and recommended expert Mrs .Tiffany..fx..Morris.

    • @mohammadmurphy3927
      @mohammadmurphy3927 Год назад

      I thought people don't know her, she helped me recover what I lost trying to trade for myself.

    • @tinajackson9047
      @tinajackson9047 Год назад

      you don't need to be surprised because I'm also trading with expert Mrs .Tiffany..fx..Morris.

    • @tinajackson9047
      @tinajackson9047 Год назад

      I think she is the best broker I ever seen.

  • @andreguilbault5074
    @andreguilbault5074 2 года назад +3

    Your video title is not actually describing standard staking of crypto. For example on Celsius you simply stake your crypto and earn Intrest. No validation. Kucoin has several levels soft staking and lock up . Still no validation. So perhaps you should adjust the title you are describing actually becoming a validation node it sounds like to me .

  • @traveldirt
    @traveldirt 2 года назад

    Great video, the only question I have here is are there any advantages over POS with POW?

  • @abdulkadiribrahim9033
    @abdulkadiribrahim9033 Год назад

    Beautiful work guys

  • @RsDeepHalo
    @RsDeepHalo 2 года назад +16

    bro, i thought I was taking my crypto to the duel arena and doubling my coins

    • @benpriess3120
      @benpriess3120 2 года назад

      Ayyy shoutout to a nostalgia game!!! Only if the owners of the game weren’t so shit… Shit needs updated graphics

    • @LollipopScaper
      @LollipopScaper 2 года назад

      Yeah I'm disappointed I wont get to go to the duel arena 😪

    • @farratheproducer-beatsinst6367
      @farratheproducer-beatsinst6367 2 года назад +1

      Glad I’m not the only one who thought this lol

  • @yeshuaexcel3407
    @yeshuaexcel3407 2 года назад +3

    Question. When you stake, you give up your Tokens to an automated system. Does that then suggest that you cannot control the chances of your stake being involved in a wrong answer ?? Therefore, losing you tokens that you have no control over ??

    • @Revyan
      @Revyan 2 года назад +2

      You could if the code itself is fraudulent, example is Save the Kids token where the one of the code says that it can be edited, and then it got edited and rug-pulled

    • @yeshuaexcel3407
      @yeshuaexcel3407 2 года назад

      @@Revyan thanks

  • @aceofspades3543
    @aceofspades3543 2 года назад +2

    IT WAS PERFECT!!!!!!!!

  • @ubahkeyse5350
    @ubahkeyse5350 2 года назад

    thank you so much 😊 it took me to understand this process long time

  • @stevenpaul4394
    @stevenpaul4394 2 года назад +28

    My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up

    • @danielmattew2611
      @danielmattew2611 2 года назад

      Hello, I'm new to Bitcoin trade and I've been making huge losses but recently i see a lot of people earning from it Please can someone tell me what to do?

    • @terryarthur5148
      @terryarthur5148 2 года назад

      The new digital gold has created a new trillion-dollar's opportunity around the world! Where do you think your country is headed for

    • @patience431
      @patience431 2 года назад +1

      All you need is a professional trader to avoid making losses

    • @andrewedward1127
      @andrewedward1127 2 года назад

      That is true, you need an expert broker and account manager to make good profit from Bitcoin trade.

    • @johnmark8996
      @johnmark8996 2 года назад

      Trading on your own is very risky, many people have lost a lot trading for themselves

  • @inuyatsha2018
    @inuyatsha2018 2 года назад

    Thanks!

  • @calmingmusic8151
    @calmingmusic8151 Год назад

    Thankkksss u sooo muchb

  • @lockepalecek7682
    @lockepalecek7682 2 года назад +60

    Forex and crypto trading is one of the profitable money exchange service that elevate Investors and their financial status

    • @a.loismurphy9070
      @a.loismurphy9070 2 года назад

      The way people talk about crypto trading is profitable, please can someone help me on the right path

    • @christianladesma9291
      @christianladesma9291 2 года назад

      Poor orientation has cause some failure in Forex trade

    • @edwardthompson8982
      @edwardthompson8982 2 года назад

      @@a.loismurphy9070 You're right, how many millionaires do you know who got rich from a savings account? This is why I am investing more crypto currency and it has paid off.

    • @lawerencemiller9720
      @lawerencemiller9720 2 года назад

      I have been seeing comment about Mrs Allie Murray on trading, she must be good base on what I have been seeing

    • @graigsmith4673
      @graigsmith4673 2 года назад

      I'm suprise someone mentioned Mrs Allie Murray, I thought am the only person trading with her.
      She recovered my lost when I was trading by myself.

  • @BrotherCheng
    @BrotherCheng 2 года назад +43

    Hi, at 2:18, you said 51% of miners can start making fake transactions. This is completely *wrong* , because full nodes will simply reject such fake transactions as invalid (and therefore the mined block is invalid too), unless we do a hard fork. What 51% allows you to do though, is to *reverse* or reorder transactions, and *censor* them (e.g. refusing to confirm transactions from an address), which is otherwise essentially the same as a soft fork. This is a frequent misunderstanding of the 51% security model so I think it's important to clarify that.

    • @heze20
      @heze20 2 года назад +1

      Pin this

    • @curiouscollectiblesAU
      @curiouscollectiblesAU 2 года назад +5

      @@heze20 if whiteboard pins this, then everyone will start complaining about the silence in their right ear again 😂

  • @kissempire
    @kissempire 2 года назад +2

    Thanks, awesome and simple as always :)

  • @malcomshabazz4084
    @malcomshabazz4084 2 года назад +1

    Great job.

  • @ajabosikwamichael1462
    @ajabosikwamichael1462 2 года назад +9

    what is the best way to make money from investing

    • @hectorbailey5081
      @hectorbailey5081 2 года назад +6

      I don't trade, I invest with a professional assigned by a crypto company that trades for us and returns profits weekly for me and you can invest your capital and get weekly Returns of investment (ROI) without any extra fees attached

    • @hectorbailey5081
      @hectorbailey5081 2 года назад +5

      The professional is Mrs. Melissa Tyson

    • @momendaraghmeh7742
      @momendaraghmeh7742 2 года назад +3

      I think the best way is to invest with a professional, at least it saves the trauma of too many losses

    • @momendaraghmeh7742
      @momendaraghmeh7742 2 года назад +3

      This just surprised me because I also invest with Melissa Tyson.

    • @lesbrown5344
      @lesbrown5344 2 года назад +3

      @@hectorbailey5081 Wow! I made a lot of money last year trading with Melissa Tyson.

  • @thehumbleone7989
    @thehumbleone7989 2 года назад +4

    I always wondered what kind of mathematical problems computers solve and what is the use of this problem-solving. I mean who generates these problems, why are there problems to begin with, is there any practical use of this problem-solving and why are we doing this... What I understand: computer gets a random equation (2+2 =), computer says 4, well done here is a cooky. Can somebody explain the idea behind all of this in simple words?

    • @WhiteboardCrypto
      @WhiteboardCrypto  2 года назад +1

      Hey! You should definitely check out our "proof of work" video - it explains exactly what problems the computers are solving, hope it helps :)

    • @thehumbleone7989
      @thehumbleone7989 2 года назад +1

      @@WhiteboardCrypto K, I’ll check it out

    • @andreguilbault5074
      @andreguilbault5074 2 года назад

      You know there are much simpler ways to stake your crypto just an FYI. I know that for bitcoin the problem solving is an extremely complex mathematical equation. In the beginning it was a simple math problem that could be solved on a calculator as more and more btc is mined the equation got harder and harder to the point know where you need nasa level computers.

  • @kareemhasan4178
    @kareemhasan4178 2 года назад

    @ min 3.13 I belive their is a mistake
    I think u should say "to participate in POS" instead of POW
    This just a gentle note, and thanks for you great effort in this channel

  • @carolynoconnor1509
    @carolynoconnor1509 2 года назад

    Great explanation!

  • @stevenjuan259
    @stevenjuan259 2 года назад +13

    NICE VIDEO👏; EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, I ADVISE, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,

    • @tylerheather4413
      @tylerheather4413 2 года назад

      You're right sir

    • @tylerheather4413
      @tylerheather4413 2 года назад

      That is why I had to start forex trading 2months ago with expert Jackson Williams and now am making benefits from it.

    • @robertrita4986
      @robertrita4986 2 года назад

      Thanks for introducting me to Mr Jackson Williams.

    • @jonathanandrew4584
      @jonathanandrew4584 2 года назад

      Natural, there’s a lot of math involved in cryto trading and forex trading,

    • @jonathanandrew4584
      @jonathanandrew4584 2 года назад

      but this is often presented in forms of daunting technical charts, indicators, patterns.

  • @rocketman3534
    @rocketman3534 2 года назад +3

    where did everyone learn this stuff it just popped up out of nowhere so for the older generation it is very mind boggling

  • @WaltSnider
    @WaltSnider 2 года назад

    Thanks, this helped me understand POS.
    Also, your audio is only coming out of the left channel for me.

  • @shibanation7632
    @shibanation7632 2 года назад

    Thanks for the nice video.

  • @chibong
    @chibong 2 года назад +5

    How do you mine “wrong” where you get penalized?

  • @moondrop_5019
    @moondrop_5019 2 года назад +4

    I thought my IEM is faulty, it freaks me out😂😂😂

  • @kennycatucci5095
    @kennycatucci5095 2 года назад +2

    Can you potentially stake a token and get a coin in return? is that possible?

  • @IsmaelDiazIAGoupeFinancier
    @IsmaelDiazIAGoupeFinancier 2 года назад

    Great video! What about staking ADA on Yoroi via Ledger...is there any risk at that?

  • @britney_david
    @britney_david 2 года назад +9

    I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @Jeffrey_Ambrose
      @Jeffrey_Ambrose 2 года назад

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @Jeffrey_Ambrose
      @Jeffrey_Ambrose 2 года назад

      I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert Mrs Annabelle Hartfield.

    • @solomonalice5168
      @solomonalice5168 2 года назад

      Mrs Annabelle Hartfield is indeed a forex goddess. With my first deposit of $500 I got a payout of $3500 in a week

    • @solomonalice5168
      @solomonalice5168 2 года назад

      Am not here to converse but to share my mind blowing testimony cashed out my 4th consecutive profit yesterday

    • @salmakenzie6870
      @salmakenzie6870 2 года назад

      I have never heard or seen any of her clients complain of lost... I think she just too
      perfect

  • @lenice.rocha.51
    @lenice.rocha.51 2 года назад +22

    If only you know what the future says, you'll know that indeed cryptocurrency is the future, investing in it now will be the wisest thing to do. Hold!!! And you"'ll thank yourself

    • @nancyfaith6890
      @nancyfaith6890 2 года назад

      Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.

    • @walkerron856
      @walkerron856 2 года назад

      Crypto trading is very profitable when you trade well.

    • @scottwadatm5219
      @scottwadatm5219 2 года назад

      How does this whole bitcoin thing works, I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.

    • @scottwadatm5219
      @scottwadatm5219 2 года назад

      Just bought $10k Ethereum and $30k bitcoin with the recent dump in crypto I was told it's the right time to buy and get ready for a skyrocket.

    • @michaeldarfoor9924
      @michaeldarfoor9924 2 года назад

      Wow!! Impressive you trade with Pamela Morgan too! I thought people don't know her that well.... She's really awesome!

  • @youngtula5581
    @youngtula5581 2 года назад

    Great vid 4:05 alone earned a 👍🏾from me..