Staking: meaning, definitions and examples

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staking

 

[ ˈsteɪkɪŋ ]

Noun / Verb
Context #1 | Noun

finance

The act of holding a particular amount of cryptocurrency in a wallet for a certain period to support the operations of a blockchain network and earn rewards.

Examples of usage

  • Many cryptocurrency investors are engaging in staking to earn passive income.
  • Staking is becoming a popular way to participate in blockchain networks and earn rewards.
Context #2 | Noun

gambling

The act of wagering money on an uncertain outcome in the hopes of winning more money or prizes.

Examples of usage

  • He placed a large staking on the final match of the tournament.
  • Staking in sports betting can be risky but rewarding.
Context #3 | Verb

business

To assert a claim or position in a discussion or negotiation.

Examples of usage

  • The company is staking its reputation on the success of this new product.
  • She is staking her career on this risky move.

Translations

Translations of the word "staking" in other languages:

🇵🇹 apostar

🇮🇳 दांव लगाना

🇩🇪 setzen

🇮🇩 bertaruh

🇺🇦 ставка

🇵🇱 stawianie

🇯🇵 賭ける

🇫🇷 parier

🇪🇸 apostar

🇹🇷 bahse girmek

🇰🇷 내기

🇸🇦 المراهنة

🇨🇿 sázení

🇸🇰 stávkovanie

🇨🇳 下注

🇸🇮 staviti

🇮🇸 veðja

🇰🇿 бәс тігу

🇬🇪 დასვენება

🇦🇿 mərc etmək

🇲🇽 apostar

Etymology

The term 'staking' has its origins in Old English, where 'stake' referred to a stick or post that was used as a boundary marker or for support. Over time, the term evolved to encompass various meanings, including its current usage in finance, gambling, and business. The concept of staking has gained prominence in the cryptocurrency space due to the rise of blockchain technology and the desire for passive income generation.

See also: stake, stakeholder.

Word Frequency Rank

Positioned at #24,122, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.