With what types of ETH 2.0 staking you can proceed?
When we are about to discuss ETH 2.0 Staking, we should understand ETH 2.0 and staking separately first as it will help us understand the ETH 2.0 Staking properly. ETH 2.0 is an upgraded version of the ETH blockchain. It is no different from ETH, the same previous ETH blockchain that was worked under the Proof-of-work mechanism, upgraded in ETH 2.0 in 2022 after getting merged with Beacon Chain which was worked under the Proof-of-Stake mechanism. So, the only difference that came after the upgradation of ETH was the conversion of PoW to PoS. Now, coming toward staking. Staking is the process of holding the purchased coins on the network for a preset time period and in return, the network incentivized the validator with interest. To activate a validator, you’ll be needed 32 ETHs, and the network disables the validator if the ETH balance got lesser than 16 ETHs. What should you stake on ETH 2.0? Earn rewards: When a validator takes efforts to help the network in reaching ...