The long-awaited feature has finally launched on SubWallet extension. Polkadot, Kusama, HydraDX and Aleph Zero are the first networks available for staking in this update; more parachains and solochains coming soon! Staking on Dotsama Dotsama uses a variant of Proof-of-Stake called Nominated Proof-of-Stake (NPoS), a consensus mechanism that allows end-users to stake for various validators and share their rewards. This approach has proven to outdo the popular Proof-of-Work currently used by Bitcoin and Ethereum 1.0, since it requires much less energy consumption and lowers entry barrier, thus reinforcing network decentralization and discouraging misbehaviors.
Built-in Staking Now Available on SubWallet
Built-in Staking Now Available on SubWallet
Built-in Staking Now Available on SubWallet
The long-awaited feature has finally launched on SubWallet extension. Polkadot, Kusama, HydraDX and Aleph Zero are the first networks available for staking in this update; more parachains and solochains coming soon! Staking on Dotsama Dotsama uses a variant of Proof-of-Stake called Nominated Proof-of-Stake (NPoS), a consensus mechanism that allows end-users to stake for various validators and share their rewards. This approach has proven to outdo the popular Proof-of-Work currently used by Bitcoin and Ethereum 1.0, since it requires much less energy consumption and lowers entry barrier, thus reinforcing network decentralization and discouraging misbehaviors.