Sudis (stake)
Sudis is like a big stick used by ancient Romans to defend themselves - imagine a very long and pointy tree branch that they could use to block a sword attack.
Stake, on the other hand, is more like a wooden pole hammered into the ground to hold something in place. Think of a tent in the camping ground, the tent has several stakes keeping it from flying away in the wind.
In the context of cryptocurrency, Sudis and stake refer to the process of holding a certain amount of coins in your digital wallet to be able to participate in supporting the network and validate transactions. This way, you are incentivized to maintain the network's security and reliability by being rewarded with more coins or tokens.
In simpler terms, it's like being paid for being a good person and helping keep everything in order, just like how a good kid at school is rewarded with a sticker by the teacher for being obedient and helpful to classmates. So, if you want to help keep the cryptocurrency network safe and be rewarded for doing so, you need to hold some coins as a stake so you can be part of the cool kids club!
Stake, on the other hand, is more like a wooden pole hammered into the ground to hold something in place. Think of a tent in the camping ground, the tent has several stakes keeping it from flying away in the wind.
In the context of cryptocurrency, Sudis and stake refer to the process of holding a certain amount of coins in your digital wallet to be able to participate in supporting the network and validate transactions. This way, you are incentivized to maintain the network's security and reliability by being rewarded with more coins or tokens.
In simpler terms, it's like being paid for being a good person and helping keep everything in order, just like how a good kid at school is rewarded with a sticker by the teacher for being obedient and helpful to classmates. So, if you want to help keep the cryptocurrency network safe and be rewarded for doing so, you need to hold some coins as a stake so you can be part of the cool kids club!