Blockchain & Cryptocurrency Glossary

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SaaS

1 min read
Pronunciation
[sas]
Definition
Abbreviation that, in the blockchain staking context, typically stands for Staking-as-a-Service. A third-party service that manages staking operations for users.
Key Points

Simplifies participation in Proof-of-Stake networks.

Providers handle technical aspects of running validator nodes.

See 'Staking-as-a-Service' for full details.

Caveat
SaaS is also a very common abbreviation for 'Software-as-a-Service' in the broader technology industry. Context is important to determine which meaning is intended.

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