Post
Topic
Board Speculation (Altcoins)
Re: Coinbase Staking.
by
EastSound
on 07/11/2019, 21:46:47 UTC
well, i guess private staking is a trend for now.
recently we hear binance create many many staking for coins wich they choose.
and now , Coinbase is for the first time allowing general users to earn rewards by simply holding cryptocurrency.
started with Tezos and did not rule out adding other coins.
in terms of ecosystems of course that's a very good thing for the coin.
well , any thought ?
they would be taking a cut from the staking and if people pool the funds in a 1 entity this makes the exchange be in control of the system. Also this would be a risk if the exchange gets hacked and they would be have a problem in liquidity, people should not trust their money into exchanges.