Like gold, cryptocurrency such as Bitcoin is mined. Gold becomes harder and harder to find as it is mined. In the same way, as the supply of a cryptocurrency increases, computers have to solve harder and harder problems to be awarded cryptocurrency. Staking is a is a new approach that replaces mining and reduce costs. How does it work? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss staking, liquidity, and decentralized finance.

Additional Resources

• Adam Goad at IEEE Xplore
• Dr. Austin Egbert at IEEE Xplore
• ”Just As Cryptocurrencies Went Mainstream — a Huge Collapse!” by Jonathan Bartlett at Mind Matters News
• Ethereum 2.0
• Tokenomics