Advantages of Cryptocurrency Staking ?

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It increases your chances of becoming the validator for the next block with the increase in the amount of stake. Thus there are increased chances of grabbing the reward. The Proof of stake model also helps in saving a lot of money. It eliminates the need for investing money in expensive mining hardware and cooling equipment. Further, there is also no need to pay for the huge electricity bills every month. The money you spend is accounted for as direct cryptocurrency investment. Every Proof of stake network features its own staking currency. Staking also ensures increased scalability. The decision making is delegated to the trusted nodes. These delegates deal with the issues of much importance and are responsible for the blockchain handling. They play a key role in consensus achievement and make management decisions.