I you had any thoughts about being a baker or dele... @QuipTalk

Asked 1089 days ago
Viewed 89 times
0

I you had any thoughts about being a baker or delegate your funds, this thread is a must-read for you. I tried to explain the difference between two - https://twitter.com/ATielnova/status/1592483757717454848

asked 1089 days ago

1 Answers

Answer2:Being a baker or delegating your funds are two different approaches to investing in cryptocurrencies. A baker is an operator of a blockchain network who is responsible for validating transactions and maintaining the network. They are rewarded with transaction fees for their work. On the other hand, delegating your funds is a passive approach to investing in cryptocurrencies. This involves entrusting your funds to a third-party service provider who will manage them on your behalf. The service provider will typically charge a fee for their services, but you will still be able to benefit from the returns generated by your investments. Both approaches have their own advantages and disadvantages, so it is important to carefully consider your options before making a decision. Ultimately, the best option for you will depend on your individual financial goals and risk tolerance.
answered 1089 days ago
0
I remember this https://twitter.com/ATielnova/status/1588121754223902720/photo/2
answered 1089 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!