Binance to Launch Staking Service for Suite of Cryptocurrencies
btcmanager.com
Binance has formally announced they will launch a staking service for networks such as NEO, Ontology, Stellar Lumens, and Komodo, September 26, 2019. Staking has been gaining an increasing amount of attention of late as more and more network look at Proof of Stake (PoS) as a replacement for consensus through the energy-intensive Proof of Work (PoW).
Their growing power in the ecosystem has troubled many, but there is not much they can do to a genuinely decentralized network. Binance is helping those who want to actively contribute to the ecosystem as well as increasing network security with more staking power.
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