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Pages:
1 page/β‰ˆ275 words
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Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.62
Topic:

Miner and a Node and Staking-As-A-Service

Coursework Instructions:

Validation
1. What is the difference between a miner and a node?
2. What is staking as a service? Name one provider and describe their economic offering.
Discussion points
1. Discuss whether staking as a service could lead to regulatory oversight of blockchains.
2. Discuss whether net neutrality should apply to blockchain validation.
3. Discuss whether ETH after the switch to PoS is a security, where a security/investment contract is defined as
Investment money
In a common enterprise
With a reasonable expectation of profits
Based on the efforts of others.
short answer(1to2sentence per question), possibly a graph if find one, and reference(the most important)

Coursework Sample Content Preview:

Bitcoin and Ethereum
Student's Name
Institution Affiliation
Instructors Name
Date
Q1
Mining is the process of producing new Bitcoins by validating and incorporating transactions onto the Blockchain. Miners are compensated with newly minted Bitcoins and transaction fees for their efforts. On the other hand, nodes are computers connected to the Bitcoin network and assist in transaction validation. They then receive a modest return for their services.
Q2
Staking entails dedicating crypto assets to support and confirm transactions on a blockchain system. It is compatible with cryptocurrencies that process transactions using the proof-of-stake technique. With the help of staking platforms, investors can earn additional income from idle tokens and use that revenue and capital expansion as part of a long-term investment plan. For example, OKX is a top staking platform with up to triple the annual percentage yield (Pepi, 2022).
Discussion
Staking-as-a-service providers are expanding in the crypto-assets market, as is the popularity of decentralized networks based on the proof-of-stake consensus process (Werner, 2022). However, the increased exposure and decentralized nature of these providers raise legal concerns about the nature of these business strategies and their regulatory risk.
Blockchains a...
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