Your Daily Digest of Global Stories
So far this month, the profit of validators is only USD 86 million. The profitability of validating on Ethereum reached $2.24 billion at cycle peaks. The profitability of staking Ethereum is not at historic lows, but close. Data on-chain shows that in June there was a turning point in the profits of validators, who had…
Vitalik Buterin, co-founder of the Ethereum (ETH) network, published an article today, October 14, 2024, in which he detailed a proposal to improve the Proof-of-Stake (PoS) protocol. Proof of Staking) of this network. Vitalik proposed, among other issues, reducing the participation requirement of staking from 32 ether (Ethereum’s native cryptocurrency) to 1 ether. In the…
EIGEN received the seed tag from Binance, which warns of increased volatility and risks. The EIGEN token is not yet traded in the cryptocurrency market, but its arrival is predicted. Binance announced on its official blog the inclusion of EigenLayer (EIGEN) on its platform, with trading opening scheduled for October 1, 2024 at 05:00 UTC….
Key facts: Ethereum fully delivered on reducing energy consumption and decentralization. Ether, for its part, has not yet complied by increasing its price and its deflationary pace. The Ethereum Merge occurred on September 15, 2022, with the migration to the network’s proof-of-work consensus type. It went from operating with proof of work (Proof-of-Work, PoW) to…
Key facts: Cardano offers its users flexible staking to manage their funds delegated to pools. The ADA ecosystem had its latest update recently, with the Chang fork. Charles Hoskinson, founder of the Cardano network, denied a controversy that arose around the staking of ADA, the native cryptocurrency of the ecosystem. The controversy arose in a…
The StarkNet network community will vote on the emission curve of tokens native (STRK) that will be distributed as rewards for those users who participate in the staking. Voting will take place between September 10 and September 13, 2024 and the company opened the StarkNet Governance Center, where users will be able to vote. This…
