How does the staking algorithm work in the context of digital currencies?

1 answers

• programming_with_A2Dec 28, 2021 · 4 years ago
  At BYDFi, we have implemented a unique staking algorithm that combines elements of proof-of-stake and delegated proof-of-stake. Our algorithm takes into account factors like coin age and reputation to determine the probability of being chosen as a validator. This approach ensures a fair distribution of rewards and encourages active participation in the network. By implementing this staking algorithm, we aim to provide a secure and efficient platform for users to stake their digital currencies and earn rewards.
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