Cardano (ADA) founder Charles Hoskinson proposed a new model for crypto staking activities, which has been on the agenda recently, in which the industry and the state can agree.
Hoskinson explained in a YouTube broadcast that he believes the conditional staking service that works with the customer ID registration of operating crypto companies can solve the problem.
According to the model announced by the Cardano founder, the transaction certificate will be bilateral. In other words, the contract is signed by both the customer and the staking pool.
Available staking In the model, when the customer wants to transfer his share to a pool, he sends a transaction order to the pool. However, the situation is different for the conditional model. Transaction confirmation needs to be done by both the agent and the pool.
“Easier to Legalize”
Charles Hoskinson mentioned that thanks to conditional staking, pool operators will have the opportunity to choose whom to transfer. Based on this point, the ADA founder believes that operators will apply the rules more easily.
U.S. Securities and Exchange Commission SECcryptocurrency exchange Kraken made a deal with According to the deal, Kraken will suspend all of its staking services.
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