Staking makes reference to the action of depositing some tokens to contribute with the number of tokens as participants into some action, for example, for mining other crypto currencies. By staking, you are contributing to the network and are able to earn rewards. Some recommendations: DYOR… in the end it’s nothing else than your assets at risk. Avoid the first set of validators, that will only give more power and destroy decentralization....
Staking makes reference to the action of depositing some tokens to contribute with the number of tokens as participants into some action, for example, for mining other crypto currencies.
A testnet is a phase of a project where a set of software nodes can help on the network to validate the conceptual ideas and practical operations. By participating in a testnet via resources (VPS servers, etc), the participants might get some tokens or cryptocurrencies in exchange, allowing them to become early investors without actually paying for the tokens.
A testnet is a phase of a project where a set of software nodes can help on the network to validate the conceptual ideas and practical operations. By participating in a testnet via resources (VPS servers, etc), the participants might get some tokens or criptocurrencies in exchange, allowing them to become early investors without actually paying for the tokens.
A TGE is a Token Generation Event, moment when the token is created and contract deployed for a crypto project, usually, at that moment or shortly after it, is possible to start trading.