Staking

  In 2021/2022, the Ethereum network will be moving from Proof of Work, to Proof of Stake.  Proof of Work is the practice of computers performing computations (work) that use larger amounts of electricity, to secure the Ethereum network. This has the disadvantage of using increasingly wasteful amounts of electricity.  In Proof of Stake, computers use minimal electricity to stay online and verify transactions on the Ethereum network. Users are rewarded with Ethereum for being online, approximately 5-9% APY. Proof of Stake allows clients to receive additional income on their investment, while also helping to secure the network. Other coins also provide staking rewards that can be used to supplement your investment.