▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Algorand Staking is a great way to create a passive income.
8% annual yield, and a great project to create a wise Staking Passive Income.
Algorand created the new Consensus Mechanism with the Pure Proof of Stake, PPoS, to increase Decentralization, Security and Scalability. The so-called Blockchain Trilemma.
Ethereum and Bitcoin Blockchains are looking for scalability solutions and Ethereum 2.0 aims to that direction.
Algorand has a Native Wallet, compatible with Android and IoS, fully recoverable with the 25 Words Seed phrase.
I already bought ALGO and I am Staking Algorand because i think it represents a great project, with great potential (even in terms of price) for the future.
In this Staking Tutorial, besides the steps to achieve a good annual Yield with Algorand, I explain you how and why I opted for Algorand Staking and not eventually others.
Here you can find the article with my thoughts on ALGO
Here some useful links:
Trade on Binance with a discount on the fees
Buy the Ledger and keep your cryptocurrencies safe!
My first book on cryptocurrencies (italian only)
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
