{"id":4373,"date":"2021-06-24T20:23:44","date_gmt":"2021-06-24T18:23:44","guid":{"rendered":"https:\/\/holytransaction.com\/blog\/?p=4373"},"modified":"2023-01-08T05:36:24","modified_gmt":"2023-01-08T03:36:24","slug":"earn-staking-with-cardano-ada","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2021\/06\/earn-staking-with-cardano-ada.html","title":{"rendered":"Earn Staking with Cardano (ADA)!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4744\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2021\/06\/cardano-staking-holytransaction-wallet-min.png\" alt=\"Cardano Staking ADA HolyTransaction\" width=\"1024\" height=\"512\" \/><\/p>\n<p>You can now leverage your ADA to help decentralize the <a href=\"https:\/\/cardano.org\">Cardano<\/a> network while earning financial rewards. Staking <a href=\"https:\/\/holytransaction.com\/blog\/2019\/04\/wallet-cardano-how-to-store-ada.html\">ADA<\/a> has become much easier with <a href=\"https:\/\/holytransaction.com\">HolyTransaction<\/a>!<\/p>\n<p>Key advantages to staking with HolyTransaction:<\/p>\n<ol>\n<li>Start staking instantly<\/li>\n<li>Payouts every epoch<\/li>\n<li>Exit easily from your staking position<\/li>\n<\/ol>\n<p>Navigate to <a href=\"https:\/\/holytransaction.com\/app#!\/stake\">Staking<\/a> inside your HolyTransaction account and follow the provided instructions.<\/p>\n<p><strong>What is Cardano&#8217;s Proof-of-Stake (POS)?<\/strong><br \/>\nIn contrast to the proof-of-work consensus mechanism that Bitcoin uses, some cryptocurrencies use an alternative model for consensus called proof-of-stake. So instead of miners creating new coins and verifying transactions as in the proof-of-work model, you have what are called stakeholders. Stakeholders are rewarded for delegating their ADA to stake pools that are managing block production.<\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>You can now leverage your ADA to help decentralize the Cardano network while earning financial rewards. Staking ADA has become much easier with HolyTransaction! Key advantages to staking with HolyTransaction: Start staking instantly Payouts every epoch Exit easily from your staking position Navigate to Staking inside your HolyTransaction account and follow the provided instructions. What [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":4744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1470,334,1473,1472,674,680],"tags":[1458,1474,1333],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Earn Staking with Cardano (ADA)! -<\/title>\n<meta name=\"description\" content=\"Stake ADA with ease using HolyTransaction wallet. 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