SparkCoin Whitepaper

Staking has emerged as the new frontier in the cryptocurrency world, offering a more efficient and profitable alternative to traditional mining. Unlike mining, which requires substantial computational power and energy consumption, staking relies on holding and 'staking' a certain amount of cryptocurrency in a wallet to support the operations of a blockchain network.

This process not only drastically reduces energy usage but also offers participants a way to earn rewards proportional to the amount they stake. As a result, staking democratizes the earning potential, making it accessible to a broader audience and enhancing network security without the environmental drawbacks associated with mining.