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Why Crypto Needs Better Insurance Models | Drew Patel, Karak

Empire

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Exploring Proof of Stake Protocols and Restaking in the Crypto Space

The chapter delves into the concept of proof of stake protocols like Ethereum, Cosmos, and Tezos, explaining how economic security is provided by staking tokens. It discusses the risks and rewards of staking, delegation to professional organizations, and the movement of restaking post-beacon chain launch, emphasizing the need for defining rules and safety mechanisms in decentralized systems to ensure network security and sustainable yields for users.

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