The State of Staking: 5 Takeaways a Year After Ethereum’s Merge

The State of Staking: 5 Takeaways a Year After Ethereum’s Merge

A year on from the Merge, however, centralization remains one of Ethereum’s biggest challenges. To stake on Ethereum, a validator needs to lock up 32 ETH, or roughly $50,000 with the network – funds that earn a steady stream of interest, but can be revoked if a validator errs or acts dishonestly. Setting up a validator node to stake on the network can also be a complicated task, meaning financial penalties can result if things are set up improperly.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CoinDesk – https://www.coindesk.com/consensus-magazine/2023/09/25/the-state-of-staking-5-takeaways-a-year-after-ethereums-merge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Exit mobile version