As the crypto space comes to terms with the renewed regulatory scrutiny around staking activities, Cardano (ADA) founder Charles Hoskinson has shared a model that could align with legal requirements.
According to Hoskinson, operators in the space can consider the contingent staking model that centers around know-your-customer practices, he said during a webcast on February 10.
Under the model, Hoskinson noted the transaction certificate would be two-sided, meaning that both the delegate and the staking pool operator would have to sign the transaction before it is processed. Notably, under the current staking model, when an individual wants to delegate their stake to a pool, they send a transaction to the pool.
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