Litecoin, like Bitcoin, uses a “proof-of-work” security mechanism – relying on “miners” who expend computational resources to process transactions and secure the network. During that process, miners win rewards – a combination of variable transaction fees and a predetermined “subsidy” that gets halved approximately every four years. (With Litecoin, they happen every 840,000 transaction blocks, and the average time to generate each block is about 2.5 minutes.)
Virtuals debuts veVIRTUAL staking to spice up rewards for Genesis launchpad customers
Virtuals has launched a brand new staking mechanism for its native token VIRTUAL, changing passive holding incentives with a vote-escrowed...
