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Staking is a way of yes it is illegal and haram in our religion islam.
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The author finds no objections to crypto staking in islam. Staking is a good alternative consensus mechanism, which is just a way to verify and secure the transactions. Cryptocurrency companies are seeking to sway the. Although cryptocurrency is still very unstable due to being a new digital asset, it is still a better alternative than paper money, which is a 100% bonafide scam. Reason why proof of stake mining is haram.
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Is it haram to use proof of stake like in crypto.com. Visit for binance staking haram. Crypto staking involves locking up your cryptocurrency for a period of time in return for a reward that is typically paid to you in the cryptocurrency itself The rewards do not come from others staking. So is it haram money if you win the fight?
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It's kind of silly to see proof of stake as haram and somehow consider proof of work to be better.
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