Coinbase: Pledge verifiers can earn up to $3 billion in 2022

According to reports, according to official Twitter and Coinbase, citing public data, payment processors in the United States alone charged more than $500 billion in fees in 2022. “If it is not a large company operating and making money from payment infrastructure, ordinary people can earn income from it.”. With the option of on-chain pledge, the pledge verifier can earn up to $3 billion in 2022.

Interpretation of this information:

The given message brings to light the exorbitant amount of fees charged by payment processors in the US in 2022. As per reports, the figure stands at a staggering $500 billion. This includes fees charged for processing transactions, maintaining payment infrastructure, and providing security measures to guard against fraud and theft.

The message suggests that these fees are not just limited to large corporations operating in the payment processing sector. Even ordinary people can earn a significant income from this infrastructure. This can be done through on-chain pledge options.

An on-chain pledge refers to a mechanism where users pledge assets in order to be selected as verifiers in a proof-of-stake blockchain network. A proof-of-stake (PoS) blockchain is a system where validators are selected to propose and validate transactions based on the amount of cryptocurrency they hold as collateral. The more cryptocurrency a user holds, the higher their chances of being selected as a validator. Verifiers are then rewarded with cryptocurrency-based incentives for their contribution to the network.

In this case, on-chain pledge options can help individuals earn a significant income from the payment infrastructure. The message further states that by becoming a pledge verifier, one can earn up to $3 billion in 2022. This creates an interesting opportunity for people to earn a substantial amount of money by simply offering their assets as collateral for payment processing.

In summary, the key takeaways from the message are that payment processors in the US charged a whopping $500 billion in fees in 2022, which highlights the large-scale demand for payment infrastructure. Additionally, the message suggests that individuals can make a significant income from payment infrastructure through on-chain pledge options. Finally, the earning potential for pledge verifiers in 2022 is estimated to be as high as $3 billion.