Newland: The value and future prospects of decentralized Staking

At this stage, the rapid development of blockchain technology is driving the accelerated change of the decentralized financial system. Many experts and scholars believe that decentralization is the inevitable trend of the future financial system. For a long time, the aborigines of the crypto world have also believed in this. No doubt.

The development of the decentralized encryption world has continuously derived many new models and innovative gameplay, but they will eventually be integrated into the project Token, how to better use the on-chain Token to gain asset appreciation, and the proof of equity in the encryption field (PoS) The mechanism and staking pledge service have solved this problem well.

1. The launch of Ethereum 2.0 is imminent, and the on-chain staking ecosystem is booming

Since the release of the 2.0 launch plan of Ethereum, the transformation of its consensus mechanism from PoW to PoS has begun to attract more industry professionals to pay attention to the on-chain staking model. And the use of proven work (PoW) mechanism Bitcoin compared to current traditional financial institutions actually prefer Polkadot , Terra non-energy-intensive public ecological chain using PoS consensus mechanism, Cosmos, etc., so Staking ecological booming in recent years.

Previously, JP Morgan analysts Ken Worthingon and Samantha Trent pointed out the largest growth opportunity in the crypto sector in a long introductory report on staking. They concluded that: “With Bitcoin and Ethereum With the popularity of Staking, Staking will become a source of income for institutional investors and retail investors, and gain traction.”

They also pointed out in the report that the current annual income in the staking field is about 9 billion U.S. dollars, and once Ethereum turns to the proof-of-stake (PoS) mechanism, this revenue opportunity will grow to 20 billion U.S. dollars. By 2025, if the proof-of- stake (PoS) mechanism ) Agreement growth becomes the dominant agreement, then the annual revenue in this field may reach 40 billion US dollars.

Staking, as a verification process under the PoS consensus mechanism, has gradually evolved into two major trends, centralization and decentralization, during the development process. In the operation of centralized staking, users can delegate assets to a third-party institution or node, and the institution or node will operate the pledge service on its behalf. In this process, the agent operator will generally charge a part of the handling fee as a remuneration, and the user’s funds are controlled by a third party. The current blockchain market is still in the early stage of development. The overgrown market environment makes “how to effectively protect “User asset security” has become an urgent problem in the development of staking.

2. Newland launches decentralized staking to build a smart window for asset appreciation

Nowadays, whether it is the builders of Ethereum or other aboriginal people in the crypto world, many people are actually looking for new asset breakthroughs through staking. However, under the PoS mechanism, becoming a node and obtaining rewards requires a huge amount of funds to support, and it is difficult for ordinary users to participate.

Based on this, the decentralized ecological platform Newland (newland.finance) has officially launched the decentralized Staking DAPP terminal product on September 17. The PoS public chains launched in the first phase include Polkadot, Kusama , and Terra. It is recommended that you use Math and With TokenPocket wallet, ordinary users choose to support the chain of tokens to be pledged, then enter their personal wallet and enter the Newland project details page to participate in key pledge with one click.

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Through the Newland decentralized staking channel, the tokens after users participate in the pledge will be sent directly to the pledged project node (validator). Newland has no fund custody, and the pledged assets are unified on the chain, which can maximize the security of users’ funds. . On the other hand, the nodes on the chain will generate revenue on behalf of the node according to its public chain PoS rules and distribute it to users through smart contracts. The whole process is open and transparent.

In terms of technical security, Newland is invested and incubated by Huobi Pool , a leading node operator in the PoS field . Its product technical team has been deeply involved in node service technology for many years, and has very strong technical strength and node operation and maintenance experience. In addition, the Newland platform has never had a security incident since its launch, and its code has also passed security audits by many organizations.

According to the relevant person in charge, the original intention of Newland’s launch of the decentralized staking product is to provide users with a node pledge entry for high-yield projects, so that users can fully enjoy the benefits on the chain. In the future, Newland will continue to aggregate high-quality assets and provide more high-quality staking projects through a strict project screening mechanism to help users enrich investment choices and achieve steady asset appreciation.

3. Conclusion

Decentralization is an inevitable trend in the blockchain world, and with the launch of Ethereum 2.0 and the continuous maturity of the staking economic model, staking based on the proof-of-stake mechanism (PoS) will change to a decentralized model in the future.

Newland (newland.finance), as a one-stop decentralized ecological platform, has been ahead of many people in this revolution. With the launch of Newland decentralized staking, it can greatly reduce the participation threshold for users to participate in the PoS consensus mechanism public chain. There is no restriction on high funds, and ordinary users can participate anytime and anywhere.

Next, I believe that Newland will continue to adhere to the principle of providing users with high-yield, convenient, safe, and decentralized staking services, uphold the mission of staking ecological construction, and continue to empower the decentralized development of the blockchain industry.

Note: The above content is for communication only and does not constitute any investment advice. The currency market is highly risky, and you need to be cautious when entering the market.

 

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/newland-the-value-and-future-prospects-of-decentralized-staking/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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