What is staking in cryptocurrency and how does it work?

Staking is the process of holding cryptocurrency on specialized wallets or platforms to support the operation of the blockchain network. In return, users receive rewards in the form of new coins. The principle of operation is based on the Proof of Stake (PoS) algorithm, where network participants "freeze" their tokens to help validate transactions and ensure the security of the network. The more coins involved in staking, the higher the probability of receiving a reward. It is a profitable way to earn passive income, attracting both experienced investors and newcomers to the crypto space.