Post
Topic
Board Bitcoin Discussion
Re: How Simplified Node Deployment is Shaping Blockchain's Future
by
MusaMohamed
on 25/09/2024, 12:10:37 UTC
I'm not aware of BTC staking but I tried ETH and Polygon staking, not very impressed to be honest since the APR is only 3%
Now I consider Waterfall Network for node running. There are 3 options of node deployment: on your own, via infrastructure and via cloud provider or to rent a server. Have anybody tried running a node with Waterfall Network? Can you share your experience please?
It's derivative product from centralized exchanges or staking platforms or altcoin projects with scam Wrapped tokens.

Wrapped tokens are risky because of their pegs to Bitcoin price can be lost.

With centralized platforms, exchanges to staking platforms, after you deposit your bitcoin to their platforms for staking, you no longer control your bitcoin. Will you receive your initial bitcoin back, depends on these platforms. Risk to lose your deposit is high and it's biggest concern you must think, before thinking of earning through staking.