May 19, 2023 11:48 AM (This post was last modified: May 19, 2023 12:07 PM by shreder.)
Remember when people thought all the ETH would be unstaked yet the opposite happened? Haha
(Apr 13, 2023 06:31 AM)▀█▀ █ ▀█▀ ▄█▀ Wrote: The upgrade features a withdrawal queue to limit the amount of ETH withdrawals to 43,200 per day, taking around 300 days if everyone withdraws their tokens. - This seems .. interesting. Only stake what your willing to lose IMO
LOL
There is literally $3b in validators pending entry as we speak. That alone is more than multiple folds of the entire BTC network security.
Im out here staking protecting the network and making literally the salary of people passively. Considering I started my journey in the crypto space with $200 gtx 1060 mining ETH in my parents apartment during elementary school in 2017, I have come a long way. I fucking love ETH.
I'm trying to learn exactly what you're talkin about. I get the general idea, but I like to stay as informed as possible. Do you have a video or post that you can link in which you vouch that the information is accurate & covers the initial basis?
May 19, 2023 05:04 PM (This post was last modified: May 19, 2023 05:08 PM by shreder.)
(May 19, 2023 04:59 PM)Walter White Wrote: I'm trying to learn exactly what you're talkin about. I get the general idea, but I like to stay as informed as possible. Do you have a video or post that you can link in which you vouch that the information is accurate & covers the initial basis?
Go to 11:00 on the youtube video, he sums up what I am talking about.
(May 28, 2023 06:48 AM)Animal Wrote: Ethereum is killing it with the staking. Who would have thought that so many people would lock up their ETH for the greater good? Not the haters, that’s for sure. They must be crying in their Bitcoin wallets right now.
You confuse a lot of people with a lot of eth.
A lot of eth is staked but compared to individuals who stake it’s not that impressive.
May 28, 2023 08:01 AM (This post was last modified: May 28, 2023 08:02 AM by shreder.)
(May 28, 2023 07:00 AM)Maskin Wrote: You confuse a lot of people with a lot of eth.
A lot of eth is staked but compared to individuals who stake it’s not that impressive.
Its at 18.9m with 77k validators pending entry the highest ever! That is 2.5m ETH staked pending entry. We have over 21.4m Staked now about 18% of all ETH staked. That is nearly the entire marketcap of BNB just in staked ETH. Its beyond impressive with insane growth potential.
Secondly, ETH is a highly used asset. It doesnt dwell as a useless asset in peoples wallet doing nothing. All the staked ETH increases the probability of a hundreds of thousands of users running their own nodes. Creating a robust and resilient network, a decentralized global super computer. People might not stake because they are actively using their ETH for DeFi, dApps, NFTs, WEB3.0 applications and more.
Most of these "staking" networks like like BSC or ADA simply delegate their coins to no more than 20 CZ handpicked validators or 100 validators. ETH network comprises of tens of thousands of individual machines spread across the globe. Staking is not all created equal, ETH PoS is superior to all including PoW.
May 28, 2023 09:37 AM (This post was last modified: May 28, 2023 09:50 AM by Maskin.)
(May 28, 2023 07:10 AM)Animal Wrote: I’m sorry, but I don’t see the confusion. Ethereum is the second-largest cryptocurrency by market cap, and it has over 8 million ETH staked in its network. That’s more than 7% of the total supply, and it shows that people are confident in its future.
Maybe you should do some research before you talk about things you don’t understand.
I have enough research. The majority of the staked eth is staked by a minority of people.
You talk like the total staked amount and the staked eth per person is 1:1 or close to it.
(May 28, 2023 09:37 AM)Maskin Wrote: I have enough research. The majority of the staked eth is staked by a minority of people.
You talk like the total staked amount and the staked eth per person is 1:1 or close to it.
(May 28, 2023 09:37 AM)Maskin Wrote: I have enough research. The majority of the staked eth is staked by a minority of people.
You talk like the total staked amount and the staked eth per person is 1:1 or close to it.
$33.9 Billion worth of ETH staked. Whats the next PoS network you have in mind? DPoS doesnt count.
![[Image: M1Bi793.gif]](https://i.imgur.com/M1Bi793.gif)