The Rise of Bitcoin Staking Protocols w/Staking Rewards’ Mirko Schmiedl

On Ep. 54 of Infinite Jungle, Christine chats with Mirko Schmiedl, CEO and co-founder of Staking Rewards, about important developments in the crypto staking industry at large. Mirko highlights the impressive year-over-year growth of total value staked across all proof-of-stake blockchains. He alludes to forthcoming optimizations to the Staking Rewards website that will help users easily customize information and alerts about staking activity on the site. Mirko also talks about impressive developments in the Bitcoin staking industry with the development of Bitcoin staking protocols like Babylon. Guests: Mirko Schmiedl, CEO and co-founder of Staking Rewards X: https://x.com/berlincrypto Show note links: https://www.stakingrewards.com/ Timestamps: (00:00:58) Growth of the staking industry over the past year (00:04:05) What factors influence a user’s decision to stake? (00:08:39) Challenges to staking UX (00:12:26) Takeaways from the inaugural Bitcoin Staking Forum (00:16:28) Challenges to staking BTC (00:19:02) Key innovations behind the Bitcoin staking project, Babylon (00:22:42) Parallels between BTC staking and ETH restaking (00:25:19) Predictions about staking industry growth in 2025 (00:29:16) The importance of incentivizing home stakers on Ethereum This episode was recorded on Thursday, September 27, 2024. ++ Follow us on Twitter, @glxyresearch, and read our research at www.galaxy.com/research/ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at www.galaxy.com/disclaimer-galaxy-brains-podcast/