With the advent creation of the Proof-of-Stake (or PoS) consensus, the classic method of mining (Proof-of-Work, or PoW) started losing its popularity rapidly. The reasons are obvious: the latter is slower and requires large investments (both in equipment and in electricity bills). It also has quite a detrimental effect on the environment. The PoW holders seem to be happy to switch to a new, “green” protocol. However, no existing technology allowed them to do this. Until recently.
We are talking about Cross Staking technology, which has absorbed the best that both PoW and PoS consensus algorithms have. With Cross Staking technology our company has gained the long-awaited opportunity for all investors to stake PoW coins.
If you significantly simplify the process of cross-staking, you can imagine it this way: you delegate PoW coins to us, we “freeze” them in the parent blockchain network and automatically activate them in the second, parallel one (sidechain). In the latter staking takes place, and then everything returns to its original positions along with the profitable part.
With such a parallel blockchain network (sidechain) we can organize something that would have been simply unbelievable yesterday. PoW-coin staking is a reality today. Apart from the fact of the existence of a “hybrid” technology, the solution is remarkable to be environmentally friendly and safe. A simple example: to get to the parent blockchain network, firstly, you need to hack the sidechain, which is not easy. Then, just imagine how many megawatts you can save by sending your PoW coins to multiply in staking? How relieved will the planet be without all these carbon dioxide emissions?
Cross–staking is the technology of the future, which can be used today. The possibility of a safe and environmentally friendly passive income already exists. Do not miss the chance to use it.
Eco-friendly scaling of blockchain technology by the development of a scalable, compatible and secure network protocol for the Internet of the future.
High passive income
from holding PoW coins
No investment
in expensive equipment
Safe and secure
storage of funds
Guaranteed return
of an asset
You can go to the official Cross-chain Staking website if you want to learn more about the expansion, reveal documentation, white paper, and improvement plans