June 24, 2024
Bitcoin News

Valour Introduces Bitcoin Staking ETP for Secure, Regulated Yield

Bitcoin holders have traditionally missed out on staking opportunities due to its Proof-of-Work (PoW) consensus mechanism, which requires substantial computational power and chugs in substantial amounts of electricity. To address this, Valour Bitcoin Staking ETP provides a regulated avenue for investors to earn staking rewards directly through Bitcoin.

It taps into Core Chain’s Non-Custodial BTC Staking, allowing users to stake their BTC in a non-custodial manner while maintaining control over their assets.

Valour recognized the potential of Core Chain’s innovative approach, which combines PoW and PoS elements, to offer BTC holders a means to generate passive income without compromising the security model of Bitcoin.

Revolutionizing Bitcoin Investment Landscape

Core Chain’s ‘Satoshi Plus’ consensus mechanism not only enhances security and efficiency but also introduces native yield to Bitcoin, aligning with its core principles. BTC staking enables the most valuable digital asset to be used to secure the Core blockchain, without ever leaving the Bitcoin chain.

The involvement of Bitcoin miners further decentralizes validator election on Core Chain, strengthening both networks simultaneously. Satoshi Plus rewards Bitcoin miners for delegating their hash power. Thus incentivizing them to secure the Bitcoin Network while also providing staking rewards to Bitcoin stakeholders for the first time in history.

This technological advancement marks a significant shift in the Bitcoin investment landscape. Moreover, it offers investors a secure and regulated pathway to earn staking rewards directly through Bitcoin. While the crypto market continues to evolve, initiatives like Valour Bitcoin Staking ETP pave the way for broader adoption and participation in the growing ecosystem of decentralized finance.

Image by freepik

Disclosure Statement: Miami Crypto does not take any external funding, or support to bring crypto news to the readers. We do not have any conflicts of interest while writing news stories on Miami Crypto.

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