Proof of Stake Alliance (POSA) Members, Lido and Coinbase, Issue Revised ‘Staking Principles’

Proof of Stake Alliance Releases Updated Principles for Self-Regulation

Amid rapid technological advancement, self-regulation from leaders of the proof of stake ecosystem is essential,” Evan Weiss, founder of POSA, said in the press release. “The updated POSA principles underscore the ecosystem’s commitment to clarity and responsibility, especially in a time of increased scrutiny and misconceptions. Together, we aim to build trust, inform regulations, and champion the boundless potential of the technology.”

Importance of Self-Regulation in the Proof of Stake Ecosystem

The release of the updated self-regulatory principles by the Proof of Stake Alliance highlights the importance of accountability and transparency in the rapidly evolving technological landscape. According to Weiss, the principles aim to build trust, inform regulations, and champion the boundless potential of the technology.

Sources:
– [Proof of Stake Alliance](insert source hyperlink here)
– [Press Release](insert source hyperlink here)

*Please make sure to add the correct hyperlinks to credible sources.

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J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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