Over 6 Million ETH Staked On Ethereum 2.0 As Interest Skyrockets

Over 6 Million ETH Staked On Ethereum 2.0 As Interest Skyrockets
фото показано с : zycrypto.com

2021-7-6 22:30

Excitement is building over the upcoming Ethereum upgrade and a total of 6.1 million ether have so far been staked on the Ethereum 2.0 network, putting the value of the staked coins to $13.6 billion as of Monday according to Etherscan data. This represents a growth of more than 10 times since the Ethereum 2.0 beacon was launched by Ethereum developers in 2020.

There are now a total of 190,946 deposits made to the ETH 2.0 contract address.

This enthusiasm is likely to propel not only the Ethereum 2.0 network but also the entire crypto staking industry according to JPMorgan, which said that the staking industry could reach $40 billion by 2025 propelled by the growth of staking value in Ethereum.

Ethereum is moving from proof of work to proof of stake mining algorithm, such that people interested in mining will need to put coins into the network to get the right to earn more coins by confirming transactions on the network. However, Ethereum 2.0 comprises interconnected upgrades, most of which are still not completed and being worked on by developers.

One will need to stake a minimum of 32 ether to earn staking rewards by confirming transactions broadcasted on the network and securing the network, simply by running a staking node on their machine or via VPS. This way, a user could earn about 5% APR on any ETH staked on the network and the amount of total reward per user will depend on how much the user has staked on the platform.

Proof of stake form of mining does not require users to expend a lot of energy compared to the proof of work algorithm. This will make it more energy sustainable since it will take lesser computing power and energy to create new coins than it now is.

The upgrade to Ethereum 2.0 will also help improve the speed, efficiency, and scalability of the network. For instance, after upgrading fully to Ethereum 2.0, the network will be capable of handling thousands of transactions per second, hence can be used in faster and extensive applications more cost-effectively.

Currently, however, they still will need to use the same proof of work algorithm until about early 2022.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3794.97 (-0.12%)
Объем 24H $13.673b
Изменеия 24h: -1.87 %, 7d: 1.41 %
Cегодня L: $3783.71 - H: $3874.12
Капитализация $455.962b Rank 2
Цена в час новости $ 2241.1 (69.34%)

ethereum staked million putting value network coins

Источник: zycrypto.com

ethereum staked → Результатов: 70


BTCS Expands its Ethereum 2.0 Staking Operation to 200 Nodes

100 more nodes launched for a total of 6,400 ETH valued at approx. $11M now staked Silver Spring, MD – (Globe Newswire – March 11, 2021) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced it further expanded its transaction verification services operation on Ethereum […] The post BTCS Expands its Ethereum 2.

2021-3-12 16:54


В сети Ethereum 2.0 оштрафовали 75 валидаторов

В ночь со 2 на 3 февраля 75 поддерживаемых сервисом Staked валидаторов Ethereum 2. 0 лишились части внесенных для стейкинга ETH. Об этом сообщается в блоге стартапа. Подвергнутые штрафам (slashing) валидаторы также теряют возможность получать вознаграждения.

2021-2-4 16:04


Фото:

Over 1.5% of Entire Ethereum Supply Staked on ETH 2.0

Three weeks after it was launched, the Beacon Chain now holds almost 1. 6% of the entire supply of Ethereum, worth an estimated $1. 1 billion at current prices. According to the latest ‘Week On-Chain’ insight report from analytics provider Glassnode, the amount of Ethereum staked on the Beacon Chain, which launched smoothly three weeks ago, is … Continued The post Over 1.

2020-12-22 10:08


MyEtherWallet теперь поддерживает стейкинг ETH2

Криптовалютный кошелек MyEtherWallet (MEW) добавил поддержку стейкинга токенов ETH в депозитном контракте Ethereum 2. 0. Об этом компания сообщила в своем блоге. В рамках сотрудничества с сервисом Staked, поддержка стейкинга ETH2 доступна не только в веб-версии MEW, но и на мобильном приложении для устройств Android (поддержка iOS ожидается позже).

2020-12-9 13:42


Фото:

One Percent of Ethereum Supply Already Staked, 6% in DeFi

Over one percent of the entire supply of Ethereum has now been staked on the deposit contract according to co-founder Vitalik Buterin. Staking for ETH 2.0 got off to a slow start when the deposit contract was officially deployed last month, but the target was hit with a late spurt, and the new blockchain launched … Continued The post One Percent of Ethereum Supply Already Staked, 6% in DeFi appeared first on BeInCrypto.

2020-12-7 09:11


Over One Million Ether Already Deposited for Staking on Ethereum 2.0

The mainnet launch of the Beacon Chain of ETH 2.0 took place on Dec. 1. Interest is objectively growing as the total number of ETH staked on the network has surpassed one million. Just a few weeks ago, some users were worried that the necessary number of ETH would not reach the threshold for quite … Continued The post Over One Million Ether Already Deposited for Staking on Ethereum 2.0 appeared first on BeInCrypto.

2020-12-5 14:10


дальше еще 21 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion

The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone.   Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited spot exchange-traded funds (ETFs) for the market’s second-largest cryptocurrency received approval from the US regulators last week.