What is staking?

Staking is the process of locking your cryptocurrencies on a specific platform (e.g. Binance). This is done to support the blockchain network, and in return you are rewarded. It is a kind of deposit in a bank: you lock up your tokens and in return you get additional income.

For example, in Proof-of-Stake (PoS) networks, your tokens are used to confirm transactions and create new blocks. The more tokens you stake, the more chances you have to get rewards.

What is restacking?

Restacking is the process of adding the rewards you receive from staking back to your main balance, generating more income. The rewards are automatically added to the stake, which increases your income due to compound interest.

What is a blockchain?

A blockchain is a digital and distributed ledger where transaction data is stored. Each piece of information is collected in a block, and these blocks are linked together, creating a chain. Blockchain is a decentralized system, meaning that data is stored on multiple computers (nodes). This ensures the security and immutability of the system.