[00:02] coin distribution between various large players and funds on the market, Scale is selling bitcoins, BlackRock and Fidelity are buying all this, various experts are talking about Bitcoin falling to zero, the end of everything. We
[00:16] won't engage in this nonsense, but let's go do something banal and useful than figure out what proof of stake is, the consensus mechanism, how to stake any coin, find it today, all this in simple terms from Kiryukha, as we
[00:30] basically know how to do all this, friends. Let's get comfortable, have some coffee, be in a good mood, have a good mug of such a rich, luxurious tea with honey, and off we go to figure this out. Well, basically, a simple action, friends. Let's get started.
[00:46] So, let's start today with the banal and simple: what is the proof of stake consensus mechanism? Come on, Kiryukha, in simple terms, as you basically know how to do, let's go. Let's imagine that we have a blockchain based on this mechanism -
[01:01] This is a state in which there are voters or people and there are deputies who perform different tasks. Here we have voting power in the form of coins or tokens. We can empower this validator or deputy so that he
[01:16] can make some important decisions for us, because we are not expert guys. We basically don’t understand anything about this and don’t want to set up nodes. We just want to bring some benefit to this network and receive benefit in return, so that there is a
[01:29] win-win model, so we delegate our coins to this validator or deputy. If he is good, we will leave them there and we will also give him part of the commission for his good work. If he is bad, then we will take our stake
[01:45] and it will be unprofitable for him. Therefore, this model motivates all network participants model motivates all network participants to work in one
[01:57] 51% attack. What does this mean? We are in a state where if we have 51% of all voters, then we can, in principle, like a Monopoly, promote any dude
[02:09] to power so that this does not happen. Each blockchain strives for its own Each blockchain strives for its own values, let’s say, Space strives  to 67% in the stake so that no one could buy more from the market and so that there is no
[02:22] buy more from the market and so that there is no conspiracy, because if 67% of all coins in circulation are at stake, then a 51 attack is essentially impossible, but it is not beneficial for anyone to negotiate because there is banal competition on the market, price increases, and so
[02:34] on, so friends, this whole model works on the WinWin principle, we delegate the right to vote, he is engaged in the infrastructure, this validator Validi, and there are blocks, tra-la-la, and what do you and I get? We get for the fact that we, uh,
[02:50] empowered him and gave him some percentage of the reward, he is engaged in the infrastructure, and this whole model is beneficial to both of us, so how do we motivate these players? Where do these coins come from? As a reward, each such
[03:04] project has proof of stake, delegated proof of stake, there are different mechanisms, including hybrid ones. We essentially print coins every block. This model works like this: each such project has some kind of inflation threshold. Let's say
[03:17] space has a lower and upper inflation threshold. 10% is the upper threshold, 7% is  Lower But they are trying to adopt it by voting and reduce it until they
[03:29] get it, but they are trying to do this. What is the point of all this movement? We are talking about what we are writing an algorithm with you that if we have less than 67% of coins in staking, we motivate everyone,
[03:44] in staking, we motivate everyone, accelerate inflation, print coins and reward with these coins up to 10%; as soon as we have 67% of coins in staking, we say, don’t touch inflation, it’s normal, don’t touch
[04:00] start staking even more, these are already ineffective coins; we reduce inflation, the reward falls, this motivates people to withdraw their coins because the reward falls. So, in essence, we always go around
[04:17] 67%. This is such a simple model; this model is beneficial to everyone, and there were cases when it all did n’t work on different blockchains; there were very few people there, there were 51 attacks, but this is not about space yet, definitely not about it and other projects, including
[04:32] particularly liquid ones. That’s because there are people there, there is a distribution of coins, and so on. Although funds are trying more and more.  Select and decentralization, it is still slowly leaning towards funds, although there is competition between funds.
[04:47] That's how things are. Another interesting question: will I lose my coins if I stake them? Where do they even go? What and how are friends? You won't lose your coins. You essentially delegate your voting rights. If
[04:59] something falls off or happens to it, you can transfer all this to another validator for some algorithms. If not, then in about 24 days they will be returned to your wallet, so you do n't have to worry about it. This is the first thing
[05:14] projects do to protect their stakes, so you don't have to worry about it. But again, you need to check how they write it because there are a lot of these different hybrid algorithms. We've
[05:29] tried to explain to you with simple examples why all this is done. It's such a two-sided motivational model. Some are engaged in the architecture and maintaining the
[05:42] network's operability, and we essentially delegate this right to them. The more these blocks or transactions there are, the more they verify and sign everything.  Friends, this is how it works, now we'll go and figure out how to stake
[05:57] coins in general. How to determine that it's a stake and in general. How to find these projects. There's a site that's already been created for you, called staking rewards. I'll leave a link in the description. You can see it all, calculate it, find
[06:12] wallet for yourself, the main thing is to determine the network. And then go and do all this separately. I'll show you all this today, we'll figure it out quickly. So, go to the site, everything is clear here, there's a list of coins here. Well, let's say we find
[06:26] our favorite Cosmos. Or let's say we find Cosmos Atom. Click and see the reward. We currently have 65% of coins at stake. We're aiming for 6%,
[06:39] so inflation. We're currently at about 10%. Let's move on. Who are we going to stake? There's a calculator here. Let's say I have a hundred dollars, which Let's say I have a hundred dollars, which in Atoms is 10,000 coins. I'll
[06:52] stake it for about 2 years. That's what I am.  I'll get a reward, I'll get about four 4000 if I
[07:13] more. This is certainly cool. So I advise you all to withdraw them and stake. We understand that this is the Cosmos network, and therefore all projects that will be deployed as hubs on Cosmos. We just need one wallet. What
[07:28] Let's try to do this. So, friends, let's go to Kipler. Here's our Kipler wallet. We have coins to stake here. Let's try to take it all,
[07:40] and most importantly, don't forget to leave a commission. This is the Dashboard. Kip. We'll take our coins. We have Cosmos and Kronos. We'll take ours. Cosmos. Cosmos and Kronos. We'll take ours. Cosmos. We'll take their Opru and we'll take
[07:55] ours. Roche. We'll take everything. Friends, all this has been confirmed. Let's go check our wallets. A green one has popped up. So, let's check. We have Atom 166 and Si Horns.  3,400 coins and we have
[08:10] Horns.  3,400 coins and we have 182,000 coins staked, this is no joke. Yes, friends, so now let's stake. We'll find a validator, take the Cosmos Hub. We want to stake Cosmos first. I have the sg1 validator here, you can choose
[08:26] I have the sg1 validator here, you can choose any one, they have different fees, you choose according to your taste and color. So I take it like this, click, take the steak, continue to steak, and I click, take the steak, continue to steak, and I can stake 166 coins. I stake
[08:42] can stake 166 coins. I stake 165 coins on top, that is, I 165 coins on top, that is, I took it and another steak, zero stake, and it's 21 days now on Cosmos, you can pick up your coins. We've given up our coins, now we're
[08:55] moving on to Kronos. We also have coins there, we'll also stake on coins there, we'll also stake on All Notes. Here's the stake, that means 3,400 coins All Notes. Here's the stake, that means 3,400 coins to stake,
[09:12] and let's now check the stake that we have here, just a second, the dashboard. We'll stake all our coins. Here are all our coins, we have 13,685 Atom coins and 6
[09:24] we have 13,685 Atom coins and 6 74,000 horns. Beauty. There are about 200 more that will go down. I have them on one of the exchanges, so while I'm holding them there, we've done all this together, and this is how it works on Cosmos. How it works in principle if you
[09:37] have ether, but there's a very big problem here because Ether, here's Metamask, offering you to deploy this node for you, but there's a problem. 32 ether is the minimum threshold. You take 32 ether, this is the threshold
[09:53] needed for the node to be Valid. They deploy the infrastructure for you, take 10% in commission, and you get a reward, friends. If you don't have thirty-two ether, then the only way is to accumulate
[10:06] only way is to accumulate ether, yes, or go to ID or Rocket ether, yes, or go to ID or Rocket Pool. This is a dangerous story. I think it's dangerous, but many are doing it. You can read about liquid staking on
[10:18] our Twitter. The Crypto community has a lot of useful information, so come read it all here, or join us on Discord.  Come to the Crypto community, follow the link in the description. Come, we'll tell you all about it, whether it's worth it or not.
[10:31] What are the risks? It's a risky thing because it's a mini-pyramid that's being set up. They essentially take your Ether and make it liquid. That is, you're staking it, but you can use it with Ether or R Ether. They
[10:47] give you a promise in the form of derivatives. The bottom of staking, but it works while it works. Something tells me that all this will collapse sooner or later. That's why I don't give my Ether there. I'd rather set up a node with 32 Ether, put them there,
[11:03] and keep them there. It will be self-cady storage, plus a small staking reward. Therefore, if you have $100 worth of Ether there, or $200 worth of Ether, I don't advise you to do all this if you have other coins. Let
[11:18] if you have other coins. Let 's say there's a Cosmos fish market, any flattery, just go to this site. Well, that's what I want. Let's say I want a sledgehammer. what I want. Let's say I want a sledgehammer. Here I click on Salan, we have a reward.  99%
[11:31] approximately, so let's look, let's move down and we have a provider or validator, here is Everstake, I like this validator, there is also Fish, I like it too, let's go to their site, for example, here you can calculate all this or
[11:47] go to their website, I have already opened their sites, here is Everstake, go to their is Everstake, go to their main site and click and choose which project. Well, let's say I want Salan, let's say I want 5,000 Salan, here I
[12:02] can stake one Salan per day, 31 Sanka per month, 380 Solano per year, this is not a joke, and I take go to staking, it transfers me to Salan Beach, here is the list of validators, you can essentially transfer
[12:20] your coins to any validator through this, this is our Explorer, here they are all there. Here is Figment, there is B and staking, they all have different commissions 8% 1% 7%
[12:32] 4% completely different commissions, high-quality Everstake steak, Fish, Cosmos Station, and so on. I use these, here is Ever steak  Take a stake, connect your wallet and you're good to go. There are basically no problems with any
[12:47] staking. Everything is the same, even if you have some kind of privateer. You go to Casper Life, it's all easy to find, or you can contact us. Come to Discord, I'll show you all this.
[12:59] Download Casper Wallet. There are privateers. Go in, choose to delegate funds, find the validator you need, Everstake, or Caspian
[13:12] Forest staking. Choose, look at the commission, click on the amount, all two or three buttons, and that's it. They'll be transferred to Irova after 21 days. If
[13:24] something happens to you, these coins will be returned to your wallet if it's completely disconnected, or you can simply immediately transfer them to another validator. That's the principle: if it's disconnected, they took your coins and
[13:37] delegated them to another validator. Basically, I can take it. Go to Cosmos Hub, click on another validator. Take the Red delegate and immediately  It's no problem for this validator to take your coins and thin them out. Everything has already been done for you.
[13:52] Use it, no problem. Write your questions in the comments. I'll answer if I have time. That's how it is. Let's say we want to find another project. Let's say we want Cesia Avalan. Let's say
[14:08] Avalan. Go to Avalan. We also have different validators. All also have different validators. All Notes is available. Stay Capital Horus. One Stel. You also choose ra. Go to their websites. Take the wallet you need. If it's near, then it
[14:22] 's My Near Wallet. I just go to my wallet, take staking, choose the validator I need. Let's say I want a stake. I enter the stake in the search, select 6% commission. Nothing complicated. You just need to find the
[14:38] Nothing complicated. You just need to find the right wallet for this network. That's basically it. MetaMask is suitable for all EVM-compatible networks. That's how it is. There's no difficulty for you. The guys made a great website.
[14:53] You can even calculate what reward you'll receive.  In dollars or in coins, let 's say I have Avak, I take 50,000 dollars in Avak. That's 1,500 coins and I'll be 50,000 dollars in Avak. That's 1,500 coins and I'll be staking them for 2 years. I'll get
[15:09] staking them for 2 years. I'll get 336 coins by the end if I withdraw and stake constantly. If not, then 304 coins, 32 coins less.
[15:21] This is a compound, so there's nothing complicated. That's what's on Avak, Cosmos, Ethereum, and any other network that has proof of stake. You can essentially find it all here. Everything is here. Here's a project I wasn't
[15:37] looking for here. It's here. Apple, Cadot SE, Pogon, Cosmos, Header Injective, Mina Mul, Cronos Seller. Everything is there. Just take it, study it, two clicks, and you're essentially already on this validator's website, studying, reading about the stake, and there are no problems. In general, everything is clear with this,
[15:53] and we went closer to the end of the video to discuss Helium because many wanted to stake Helium, but some do n't understand how, so I'll quickly explain.  I'll leave a link in the description of the article. If you have Helium after
[16:06] migrating to Sanu, they came up with a very interesting model. You can lock your Helium interesting model. You can lock your Helium in Real Max and get a V Ant equivalent of this voice in exchange, and then assign this voice to one of the
[16:19] organizations from Subdao, either Helium AT or Liu Mobile, and receive a reward for this. I'll leave the article at the link in the description. You can link in the description. You can connect any wallet to
[16:42] Salavdi inside. Take your coins and choose the lock type, DEC or Constant DEC - this is decay. You pledged your coins and received Watching Power, and for the entire period of your delegation, this Watching Power essentially drops to zero as soon as it
[16:58] reaches zero. If you lock it for 4 years, as soon as it reaches zero, you can collect them and you essentially receive the reward, and so this is what this model looks like. And Costan is essentially stable, and then with hovering, when you
[17:15] pick them up, it will essentially drop to zero. As long as you hold them there, drop to zero. As long as you hold them there, it is stable, this Watching Power  What is this ting Power anyway? The longer you put in your coins, the
[17:30] more you essentially get a multiplier. Watching Power. Watching Power. Your reward essentially depends on this: year x25, 3 x Your reward essentially depends on this: year x25, 3 x how much is x75, 2 x50, and 4 x100. They
[17:44] did it for long-term investors. If you're interested, you can do it. Well, then you choose which organization to delegate to: helium Mobile or helium iot. This is how the
[18:00] reward is affected. And how much it can change. It's written here. You can use a translator. Well, here's how the reward changes. They essentially balance it so that there isn't a monopoly for any of the organizations. If there are
[18:16] reward will decrease and increase in the other. Therefore, you need to increase in the other. Therefore, you need to monitor all of this and change your votes to different organizations. Hey, JSC is the Internet of Things. These are devices, like
[18:31] refrigerators or microwaves, that use this network, and mobile devices like helium Mobile are mobile devices. That's how it works. You can choose all of this for yourself. And all of this is not  It's complicated, all the instructions are there if you're interested, it's in
[18:48] We'll show you in real time how it all works in principle. It's nothing complicated, you can see it in the picture, friends, it takes 2 minutes to figure it out. Go to the realms,
[19:01] connect your wallet, here's one of these, and off we go, click click click click-click, and that's it, basically. If you don't understand, come join us on Discord. In general, I think
[19:13] everything is clear with this. Well, friends, at the end of the video, please follow Chain Link and their Stepin Gompa. There will be a lot of it, and I think that Chelin will be very expensive in this cycle, both in terms of price and in terms of development. This is one
[19:25] of the most necessary projects, as I already told you, in this industry. Without it, few told you, in this industry. Without it, few things will work. They are already developing the CCI protocol. A lot of projects have been joining them for a very long time. Therefore, I
[19:39] think that this will be one of the most performant CX projects this year. I think there will be a lot of hype, both in terms of price and in terms of development. Therefore,
[19:51] Link, we hold our coins, we hold them, don't be sad, watch with you. Everything.  Okay, everything is being bought off, sad, watch with you. Everything.  Okay, everything is being bought off, let's see what happens. Let the hamsters continue to wait for the fall, but we, friends, are
[20:05] increasing the security of the networks, developing and moving forward with the stakes. All the necessary links are in the description under the video. Take your stake and rejoice. Well, and get a reward because, friends, while people sit and pay for inflation, we are sitting with
[20:20] you, eating stakes, and everything is basically fine. Well, look. Well, these are beauties, in look. Well, these are beauties, in literally 2 years, he poured in. Well, almost 4K coins, these are beauties, these are beauties, Well, oh my god, and people are sitting and waiting for the average
[20:36] price to fall very sharply because of this, so friends, thank you all for your support. Thank you all for watching, for your likes, comments, and subscriptions, I'm going to rest. Well, I wish you not to fall into a scam. Check all sites, check your wallets
[20:50] if you don't know where. Come to the community, they will teach you there. Don't scam because with a scam, Mom, don't cry. Well, Twitter Crypto community for  We 're trying to help you, Dasha Zodiac, Pasha Kaito, a whole team
[21:05] is working to educate you, so don't be in
[21:18] Telegram is mostly about channels. You can only read news channels, but all sorts of groups are 100% from the fireplace, especially paid ones. Best of all, chat with people.
[21:30] I'm going to relax. Likes for the video. NS, I'm going to write a new video. Good luck to everyone, video. NS, I'm going to write a new video. Good luck to everyone, and stay in touch.