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This on-chain trend indicates that Ethereum 2.0 will be extremely decentralized This on-chain trend indicates that Ethereum 2.0 will be extremely decentralized
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This on-chain trend indicates that Ethereum 2.0 will be extremely decentralized

As the launch of the first phase (“phase 0”) of Ethereum 2 (ETH2) has neared, some have expressed concerns about the centralization of staking nodes or validators.

This on-chain trend indicates that Ethereum 2.0 will be extremely decentralized

Cover art/illustration via CryptoSlate

As the launch of the first phase (“phase 0”) of Ethereum 2 (ETH2) has neared, some have expressed concerns about the centralization of staking nodes or validators.

The core aspect of the upgrade is the introduction of staking to the blockchain, whereas holders can put up 32 ETH to validate blocks, thus earning rewards of 5-12 percent per annum.

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