1. What is Staking Coin DefiX? Staking DefiX is holding a certain amount of cryptocurrency in the electronic wallet of the DefiX Blockchain project for a certain period of time to receive rewards. The reward that investors receive depends on the amount of Coin staked and the stake duration. All Blockchain transactions have one thing in common: transactions on the Bitcoin electronic floor need to be authenticated when making purchase orders. Bitcoin, for example, does this in a process called mining and uses a lot of electricity. However, there are also other consensus mechanisms used to confirm transactions in Bitcoin. Proof-of-Stake (PoS) is one such consensus mechanism that has several variations of its own, as well as several hybrid models.To simplify the problem, I will call all of this Staking. Staking Coin DefiX gives currency holders some significant profits. By Staking DefiX, you have the ability to vote which generates income. It is quite similar to how someone would receive interest for keeping money in a bank account or giving it to the bank for investment. 2. Benefits of DefiX Staking The following are some of the benefits for operators with the Staking mechanism: - PoS consensus mechanism eliminates dependence on high-end computer hardware. When a mining node is tied to a cryptocurrency wallet, it is guaranteed a fixed percentage of transactions on the network regardless of its processing power. - Investors holding a sufficient amount of cryptocurrency can confirm transactions on the network - The value of assets staked via PoS does not depreciate over time like ASIC machines and other mining hardware. This value can only be affected by fluctuations in market prices - PoS is a form of consensus mechanism that is more environmentally friendly and energy efficient than proof of work PoW mining, which is still used in the Bitcoin network - Minimize the threat from alleged 51% attacks in the network From the above benefits, we can clearly see that the main benefit of Staking is that it eliminates the need to invest in expensive hardware devices. This system provides guaranteed profits and a predictable income stream for operators, whereas with the proof-of-work mechanism, the reward portion is random for high-level computing systems best.