How to Stake Cardano (ADA)

How to Stake Cardano (ADA)
Staking is a process where token holders deposit – or lock away – a number of tokens to become active participants in running the network. More specifically, they become “validators” (also known as “stakers”) whose role is to propose and verify new data that’s added to the blockchain.People are chosen at random to add new data to the blockchain, and those that are selected receive rewards for doing so. To reduce the number of people spamming the network, those who lock away more coins have a higher chance of being selected. You can think of it as a lottery system,…