As simple as it may sound, staking is practically holding some of your crypto token/coin and receiving a reward in the process.     

Staking uses the consensus mechanism called Proof-of-Stake (PoS). It is the opposite of Proof-Of-Work (PoW) where you typically need to have a supercomputer with high-end video cards.

Compared to mining, in staking you won’t need special computers to earn a portion of your token/coin. Staking is all about the number of coins that you are holding. The number of token/coins pre-determines the reward you'll get.   

So what do I get from staking my coin? why is that a lot of users are into staking? Staking basically one of the many ways to earn passive income. You get to have the interest or profit from your coins. All you have to do would be to deposit them into the designated staking wallet and watch while they earn money for you.  

Staking systems also allows delegation in which each user delegates their voting rights and earned income to a trusted party.  

#Staking