{"id":81,"date":"2022-12-28T11:26:49","date_gmt":"2022-12-28T16:26:49","guid":{"rendered":"https:\/\/www.stakepark.xyz\/?p=81"},"modified":"2022-12-29T19:08:23","modified_gmt":"2022-12-30T00:08:23","slug":"can-you-stake-bitcoin","status":"publish","type":"post","link":"https:\/\/www.stakepark.xyz\/can-you-stake-bitcoin\/","title":{"rendered":"Can you stake Bitcoin?"},"content":{"rendered":"\n

No, you cannot stake Bitcoin.<\/strong><\/p>\n\n\n\n

Bitcoin is a proof-of-work cryptocurrency, meaning miners are the ones who validate and secure the network (and earn mining rewards for doing so). <\/p>\n\n\n\n

Proof-of-stake cryptos, like Ethereum, uses staked funds to validate new transactions and keep the network alive and running (and earn staking rewards for doing so).<\/p>\n\n\n\n

\"skateboard\"<\/figure>\n\n\n\n

So, no, you cannot stake Bitcoin directly. However, you can wrap Bitcoin (wBTC), run it on the Ethereum network, and then use different defi protocols to earn yield, but that’s a more advanced discussion for a different day!<\/p>\n\n\n\n

Trust no one<\/em>!<\/p>\n\n\n\n

You may have searched for:<\/p>\n\n\n\n