Ripple Chief Technology Officer David Schwartz recently shared his views on the nature of staking in the crypto market on the X platform. He pointed out that the creation of new value and the transfer of existing value are two distinctly different things. Staking belongs to the creation of new value, while interest income is the transfer of existing value. 🤔
Schwartz explained that staking rewards are not earned from others, but are created through the staking process, and these rewards did not exist prior to their creation. This is fundamentally different from traditional interest income. 🔍
This perspective provides investors with a new lens to better understand the staking mechanism in the crypto market. 📊