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Title: Is it possible to stake with a multi-sig address? Post by: Abiky on August 15, 2019, 07:06:00 PM It's been proven that PoS cryptocurrencies are much safer to use in your own environment than one operated by a third party. This would require you to leave your wallet open 24/7 in order to secure the Blockchain, and get rewarded in return. I know that there have been several PoS coins which provide stakers the ability to reap the rewards in an "offline fashion" without leaving the wallet open every time. Such coins are StakeNet and NEM (delegated harvesting). While this works, I'm often curious of other means to stake coins in a secure manner.
One of those means is the ability to stake with a multi-sig address. As per my knowledge, this feature hasn't been implemented yet. Which makes me wonder, whenever it'll be possible to stake a cryptocurrency using multi-sig addresses? After all, multi-sig would prove to be highly versatile for staking coins in the cloud, as the third-party won't be able to steal your funds with ease. This solution would be perfect for VPS and staking pools. Any thoughts? ??? |