Thanks to Coinbox.org, you now have another opportunity to make money with cryptocurrencies. Just stake your coins in your crypto wallet. It’s a new feature introduced by Coinbox.org. It’s a new feature introduced by Coinbox.org. Let us provide you with some information about staking and how it works. As you know, in all blockchains, transactions need to get validated. In most cases, it’s done in a process called mining (also referred to as Proof of Work or PoW).With PoW, the miners use their computing resources and consume vast amounts of electricity. Unlike Proof of Work, Proof of Stake makes the consensus mechanism fully virtual. Even though the principle is the same as in PoW, the way to reach the end goal is completely different. In PoS, instead of miners, there are validators. They lock up some of the crypto they own as a stake (and that’s exactly where the term “staking” comes from) in the system. Then, validators bet on the blocks they think are likely to be added next to the chain. When the block gets added, the respective validator gets a staking reward in proportion to their stake. Obviously, in order to earn such rewards, a user needs to hold the minimum balance of a digital asset eligible for staking. The more you hold, the more the platform you use can stake on your behalf, and the more potential rewards you receive. Note that rewards are .