The launch of the Beacon Chain network in December introduced the first iteration of protocol-level staking for Ethereum investors.
Put simply, Ethereum staking is the process of locking up an amount of ETH – the native cryptocurrency of the Ethereum blockchain – for a specified period of time in order to contribute to the security of the blockchain and earn network rewards.
People who do this are known as “validators” or “stakers,” and are tasked with processing transactions,…
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