If This New Tech Works, You Won’t Need 32 Ether to Earn Staking Rewards
Ethereum startup Blox is introducing shared staking pools, allowing users to aggregate their ether holdings to participate in Eth 2.0.
Stakes are increasing as the next iteration of the blockchain network, Ethereum 2.0, launches in just weeks.
Exchanges may consider markets for “Beacon chain ether” – that is, ether that’s been staked in the Ethereum 2.0 deposit contract.
The smart contract required for triggering Ethereum 2.0 has enough funds to begin activation of its most ambitious upgrade yet.
Researchers are waiting on a final audit of a critical crypto library before releasing the deposit contract, Ethereum Foundation researcher Danny Ryan said.
Participation on both the Zinken and Medalla testnets has fallen as developers prepare for the deposit contract’s release.