Description: Group Staking is a method where multiple participants combine their resources to stake tokens together. This approach allows users who do not hold the minimum amount of tokens required for individual staking to join and contribute to a common pool. By doing so, participants can increase their chances of being selected to validate transactions and thus receive rewards. This system not only democratizes access to staking but also optimizes resource use, as participants can benefit from the sum of their contributions. Additionally, group staking is often managed by a pool operator, who handles the technical infrastructure and the distribution of rewards among participants. This method has gained popularity in the cryptocurrency ecosystem, especially in networks that use the Proof of Stake (PoS) mechanism, where the amount of tokens staked directly influences the likelihood of being chosen to validate blocks. In summary, group staking represents a collaborative and accessible way to participate in the security and functioning of blockchain networks, allowing users to maximize their returns collectively.
