DeFi 101 is a beginner's guide to decentralized finance, which includes the concept and definition of staking. Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain network. Stakers are required to hold a certain amount of cryptocurrency in a designated wallet as collateral, and in return, they receive rewards for validating transactions and securing the network. Staking bloc refers to a group of stakers who come together to combine their resources and increase their chances of earning rewards. Staking blocs can be formed by individual stakers or organized by third-party platforms.
DeFi, short for decentralized finance, is a term that has been gaining popularity in the world of cryptocurrency and blockchain technology. In simple terms, DeFi refers to the provision of financial services using decentralized platforms and blockchain technology, rather than traditional centralized institutions.

For beginners looking to dip their toes into the world of DeFi, it is important to understand the basics of decentralized finance and how it differs from traditional financial systems. Unlike traditional banks or financial institutions, DeFi platforms operate on a decentralized network, meaning there is no central authority controlling the flow of funds or making decisions on behalf of users.

One of the key concepts in DeFi is staking, which involves locking up a certain amount of cryptocurrency in a decentralized network in order to support the network's operations and earn rewards in return. Staking is a way for users to participate in the validation process of transactions on the network and secure the network in exchange for staking rewards.

Staking Bloc is a term used to describe a group of users who come together to pool their resources and collectively stake their cryptocurrency on a decentralized network. By joining a staking bloc, users can increase their chances of earning rewards and reduce the risk of losing their investment.

As the world of decentralized finance continues to evolve, it is important for beginners to educate themselves on the basics of DeFi and understand the potential risks and rewards associated with staking and participating in DeFi platforms. By staying informed and taking necessary precautions, beginners can navigate the world of DeFi with confidence and potentially unlock new opportunities in the world of decentralized finance.