stakes
- noun
- /steɪks/
- Texting
- Sometimes it's proof of work, sometimes it's proof of stake or in the permission systems.
- high stakes
Examples
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So this is, it's available with cryptos that you use what's called proof of stake models, right, in terms of processing their payments.
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And that is why we support stakes so much, OK.
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I thought that the merge and this huge proof of stake thing was like a huge win for crypto.
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At this moment, I'm only concerned with the Orchid Stakes.
Fiction book (2001) -
Now the network is secured simply by the staking of a token with economic value.
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They run the same code, but they run it on proof of stake or other consensus methods that don't require so much gas fees.
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To earn rewards in the network, users must commit a certain amount of their tokens as stakes.
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He decided to increase his stakes in the cryptocurrency protocol to benefit from the new governance features.
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Many investors are worried about the high stakes involved in participating in decentralized finance platforms.
Antonyms
Compounds
Annual horse race in Elmont, New York, for three-year-old horses and the final US Triple Crown race
A situation that has big risks and serious results for the people involved, like a trial or business deal
Surface Forms
Morphology
Etymology
The crypto sense of stakes keeps the same idea: to 'stake' coins is to put them down as a promise or pledge, like planting a stake to show you care for something. So in blockchain, stakes are the tokens you lock and risk to take part, vote, or earn rewards.