View full page at cryptocraft.com

 

Not Enough People Are Staking on Ethereum 2.0. Here’s why

From decrypt.co

The first part of Ethereum 2.0 was destined for the start of December. But so far, just 10% of the required ETH has been staked—implying the upgrade won't happen on schedule. Staking Ethereum involves locking up a specific amount of the cryptocurrency in exchange for rewards. Ethereum 2.0—an upgrade to Ethereum’s entire platform—is on the horizon, making Ethereum far more scalable than it is today. So, why are some believers in Ethereum declaring that they won’t be staking on Ethereum in the future? For many users, it’s simply too complicated. “Right now, the only option to stake is to run your own Ethereum 2.0 node. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis