Glossary - ChicksX

Offline Staking allows users to earn rewards by staking cryptocurrencies without needing a constant internet connection or online wallet.

Offline Staking is a method that enables users to stake their cryptocurrencies and earn rewards without requiring a constant online presence. Unlike traditional staking, which mandates that funds remain in an active online wallet, offline staking allows users to keep their funds in a secure offline environment. This approach enhances security by minimizing exposure to online threats. Users delegate their staking power to a trusted node or validator, which conducts the necessary network activities on their behalf. This method is particularly beneficial for those concerned about security while still wishing to participate in network consensus and earn passive income.