Millimeter Provides Staking

Dear Millimeter Community
Millimeter provides staking service to our users.

So, what Is staking in Cryptocurrency world?

Staking is a way to put your crypto to work and earn rewards on it.

As many of you already know, staking is a concept you’ll hear about often. Staking is the way many cryptocurrencies verify their transactions, and it allows participants to earn rewards on their holdings. Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions.

Staking can be a great way to use your crypto to generate passive income, especially because some cryptocurrencies offer high interest rates for staking. With cryptocurrencies that use the proof-of-stake model, staking is how new transactions are added to the blockchain.

What is proof of stake then?

Proof of stake in crypto is a consensus mechanism. Which is a way for a blockchain to validate transactions. The nodes in a blockchain must be in agreement on the present state of the blockchain and which transactions are valid.

Now that you know what staking is, next time let’s go over what benefits staking has!

Official Webpage
Official Community
Telegram(Global) :
Twitter :




Millimeter is a drawing CAD NFT production and trading platform project.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Why is Ethereum Reentrancy Attack happening If the blockchain still needs time for the network to…

AMA Recap of Crypto Eagles with Fantasy 3K

Understanding Consensus Mechanisms

Weekly Crypto Market Overview #1: One Final Pump to start the first half of 2022?

Lepasa - an exclusive project at ERC

TRAVA.FINANCE and SPECTRE AMA Recap from the 6th of August

The Disadvantages of Synthetic Assets (renBTC, tBTC, sBTC, wBTC)

Conflux Network Partners with Stablecorp To Further Global Stablecoin Innovation and Awareness

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


Millimeter is a drawing CAD NFT production and trading platform project.

More from Medium



non technical guide to blockchain

3.01 “Aiming for the stars”

How to configure IPTV on Enigma2? | In April 2022