Offline staking lets users securely earn rewards by participating in blockchain networks while keeping their cryptocurrency assets offline.
A technique for engaging in a proof-of-stake (PoS) blockchain network without disclosing the private keys of the staked tokens to the online network is offline staking or cold staking.
Specific blockchain networks employ the PoS consensus mechanism to certify transactions and safeguard the network. In a proof-of-stake system, validators are chosen to create new blocks and validate transactions based on the number of tokens they hold and are willing to “stake” as collateral.
