Ethereum Staking: The Foundations of EthereumA Manual for Eth 2.0 | |
Staking onĀ Eth stakingĀ is placing a specific quantity of Ether (ETH) in a type of smart contract known as a staking contract. Stakeholders make a contribution to the Ethereum network's efficiency and security by doing this. Stakers, who are analogous to miners in the existing Ethereum network, are in charge of approving transactions and building new blocks Eth 2.0 introduces a proof-of-stake (PoS) consensus method in place of the current proof-of-work (PoW) consensus mechanism. | |
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