stake
Phonetic: /steɪk/
Part of Speech: verb
Category: To be determined
Staking is the act of depositing ETH to activate new validators on the Ethereum protocol. Validators help keep Ethereum secure and operational by validating transactions and adding new blocks to the blockchain.
Definition source: Consensys Software Inc., A Blockchain Glossary for Beginners
Sample sentence
N/A
Additional definitions
Tokens forfeit to the cluster if malicious validator behavior can be proven.
Extended definition
No extended definition. ...yet
This word came from... the ether
Date first recorded: Unknown
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