Staking lets you earn crypto rewards while supporting blockchain security. You retain full ownership of your crypto and can unstake it at any time.
You can stake from the asset balance in your Coinbase account.
Process
When the minimum balance is met, a node deposits that amount of cryptocurrency into the network as a stake (similar to a security deposit).
The size of a stake is directly proportional to the chances of that node being chosen to forge the next block.
If the node successfully creates a block, the validator receives a reward, similar to how a miner is rewarded in proof-of-work chains.
Validators lose part of their stake if they double-sign or attempt to attack the network.
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