Staking 2.0 on SMART WALLET: Get Resources for Free Transactions on the Network We are introducing staking 2.0 on SMART WALLET — the process of freezing SMART coins, through which users get key network resources such as Bandwidth and Energy, necessary for conducting transactions and smart contracts without additional fees.
Key Terms: Bandwidth — the capacity required for absolutely all transactions in the network.
Energy — the energy used by the user to perform actions such as transactions with smart contracts and splits within the SMART Blockchain network.
Key points about staking 2.0: Staking 2.0 expands the capabilities of network users and allows them to actively interact with the blockchain, helping it develop and ensuring its security.
Thanks to staking 2.0, transactions can become much cheaper or even free. This will help optimize and reduce costs when making transactions in SMART WALLET.
You can stake SMART directly in the SMART WALLET.
The minimum number of coins for staking is 1 SMART. The maximum is unlimited.
Upon unfreezing SMART, the withdrawal of coins will be available after the unfreezing period, precisely 14 days.
You can use your Bandwidth and Energy resources only while SMART is staked. Upon unfreezing, all received resources are reset.
The amount of your resources in the wallet is updated daily depending on the parameters in the network.
Staking 2.0 is an exceptional opportunity of the SMART Blockchain network, strengthening the technical component of the blockchain and making it even more secure
Update your SMART WALLET to version 1.20.0 and get the most out of staking technology!
https://smartwallet.com
You can read more about the staking technology here:
