Blockchains use automated systems called consensus mechanisms to process and verify transactions. The consensus mechanisms also serve to secure these blockchain networks - making blockchains a secure distributed ledger system with infinite potential to be applied in many industries new and old.

The original blockchain, Bitcoin, uses a consensus mechanism called Proof of Work (PoW). PoW requires validators to help upkeep the network, and the network offers incentives to the validators to do so. This consensus mechanism, however, is not terribly energy efficient and can only process a small amount of transactions per second.

To improve upon this, Proof of Stake (PoS) gained popularity in recent years where holders of the cryptocurrency can lend their coins to help validate blocks of transactions in exchange for passive income in the form of an APY. Many of the new blockchains use a PoS or modified PoS consensus mechanism due to its benefits.

Embr is a project built on the Binance Smart Chain (BSC), a modified version of a PoS system designed to house smart contracts, like Ethereum but with the benefits of PoS. Three custom-made smart contracts power the Embr token, utilizing the BSC’s low gas fees and quick transaction speeds. As a holder of $EMBR, you won’t be validating transactions, but your staked tokens will earn you rewards nonetheless for holding. In experience, staking with Embr will feel more like a Certificate of Deposit, like one you'd get from a bank - rather than staking on Cardano.

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