Description: Hot staking is a method of participating in cryptocurrency networks that allows users to earn rewards while keeping their assets in an online wallet. Unlike cold staking, where assets are stored in an offline environment, hot staking enables users to access and utilize their cryptocurrencies more flexibly. This approach is particularly appealing to those who wish to maximize their returns without sacrificing the liquidity of their assets. In this context, users can participate in transaction validation and network security, thus contributing to the functioning of the proof-of-stake (PoS) system. Rewards obtained through hot staking are usually proportional to the amount of cryptocurrency being staked and the duration it is held in the wallet. However, it is important to note that, being connected to the internet, assets in hot staking may be more vulnerable to cyberattacks and fraud. Therefore, it is essential for users to implement appropriate security measures to protect their investments while participating in this staking method.
