
Flow is a fast, decentralized, and developer-friendly blockchain which uses proof-of-stake (PoS) consensus mechanism and is designed to support the next generation of games, apps, and digital assets.
Staking on the Flow blockchain is a key part of its security and decentralization. Here’s an overview of how it works:
Staking and Node Operation: Here, node operators stake their FLOW tokens to participate in the network. By staking, they commit to maintaining the network's integrity and security. If they act against the network's rules, they risk losing their staked tokens
Staking Process: To stake FLOW tokens, users can use wallets like Blocto or Ledger. They connect their wallet to the Flow Port, select a validator, and stake their tokens. The process is straightforward and can be completed in a few minutes
This dashboard gives a summary of staking activities on Flow from August 28, 2024 till date.