What is Staking as a Service? Complete Guide2

Coinbase’s recent foray into ‘Staking as a Service’ via their Coinbase Custody arm grabbed headlines across the cryptocurrency landscape last month. Representative of an ongoing departure from standalone, traditional custodial services, the move is part of a broader branch of developing narratives around Proof-of-Stake (PoS) blockchains that are launching.

Considering Ethereum’s pending transition to PoS and the emergence of networks like Cosmos, staking may ultimately prove to be a prevailing trend among custodial services as the industry progresses. However, even if staking does become a widespread service down the line, its long-term effects on the developmental role of governance in PoS networks is uncertain.

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