Lesson 1 / 9 · 9 min · take your time
Stake is a job, not a savings book
Classroom slides
- →Next
- ←Previous
- HomeSlide one
- EndLast slide
- 1–6Jump
- Swipe leftNext
- Swipe rightPrevious
- Hold PrevSlide one
1 / 6
Board 01
Stake is a job, not a savings book
, in classroom English, is locking coin so a machine may propose and check pages. Ethereum’s public stake machine has been live since 1 December 2020 — the Beacon Chain. The Merge on 15 September 2022 pointed that machine at the money notebook. A job. Not a personality. Not a holiday we will trade.
Next time you open this lesson
We’ll open this slide when you come back. This device remembers it.
Keys move the deck. N next, P previous. Ours. Not PowerPoint.
Swipe the deck. Hold Previous for slide one. A vertical swipe still scrolls the page.
, in classroom English, is locking coin so a machine may propose and check pages. Ethereum’s public stake machine has been live since 1 December 2020 — the Beacon Chain. The Merge on 15 September 2022 pointed that machine at the money notebook. A job. Not a personality. Not a holiday we will trade.
A savings account is a legal relationship with a shop, often with a named insurer up to a limit. Stake is not that. Nobody at a is on the hook for a percent. The mints new units to whoever did the job honestly enough, and a proposer can also collect tips. Those are different sentences from “APY, insured.”
Human: the first time you hear “risk-free ,” count the jobs. Who runs the . Who holds the withdrawal key. Who can pause. What happens if the client bugs. Then we get back to the three piles. Look. Do not buy. Not a broker.
This classroom will not run a for you. Passing this path is not a seat. If a page asks for a seed to “activate classroom stake,” it is not us. Close it.
See it on the board: Ether
Say it back below. Then the next lesson opens. If you leave the page, we will ask to save your spot.
Ask the Professor