Staking has always been an integral part of the Divi Ecosystem. Allowing users to stake their funds and validate transactions not only creates a robust and decentralized ecosystem, but it offers an incredible opportunity for users to put their Divi to work and earn rewards for doing so.
October 11, 2021 · 2 min read
Desktop vs Mobile Staking: What's the difference?
Quick note: It’s important to understand that as of right now, Divi Wallet and Divi Desktop are standalone applications. Please do not try to restore your Divi Desktop wallet on the mobile application!
Until now, the only way users could stake their funds in a non-custodial way was through the Divi Desktop application. Here, the user is responsible for maintaining a constant internet connection, and a fully synced wallet at all times. For some people, this isn’t too much of a hassle, but for others, the work required to do so isn’t worth the reward. Many of these people choose to establish a masternode instead.
There are two ways a user can stake using the desktop wallet. Using the Desktop application that some of you will be familiar with, or using a Linux command line wallet, which only a handful of people will have seen.
An example of a command line wallet - does this look like crypto made easy?
The only tangible difference between the two is the ease of use, and the device you use. Both ways are carrying out the same blockchain processes, validating transactions and submitting blocks. The only difference is with Divi Vaults, the complex setup and maintenance are done for you. This aligns with our 'crypto-made-easy' mantra, as we seek to include anyone and everyone in the crypto revolution.
Firstly, the importance of creating secure and easy-to-use smartphone solutions cannot be understated. Over 85% of people in the United States own a smartphone (US smartphone ownership 2021) and is much more accessible in emerging economies. We’re committed to creating solutions that facilitate financial freedom, and we want as many people to be able to take part.
Secondly, the security of a proof of stake ecosystem is derived from a diverse network. If you restrict the ability to participate to those who are technically knowledgeable, you are ignoring the majority of the population. To us, that doesn’t seem like an intelligent way to push for crypto adoption. By making it easy, and creating an inclusive ecosystem, we’re not only safer, but we move closer to a world where our global economies work for everyone.
So, we’ve made it clear there are 3 ways to stake Divi (not including third-party custodial solutions (such as DiviGo, KuCoin’s Pool-X platform, etc).
Staking Vaults: The easiest way to stake, buy far.
Desktop PC on a home network: For people who may not have access to a smartphone, or prefer to tinker away
Command-line Divi Wallet on VPS or RPi: Reserved for those who inherently understand Linux systems and the command line.
At the end of the day, only you can make this decision. What we will say is this. Divi Wallet and Staking vaults are the easiest way to stake Divi, in a totally non-custodial way.
Learn more 👉 Divi Wallet Website
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October 11, 2021 · 2 min read