What does staking mean in Ethereum (Ethereum staking official website)

What does staking mean in Ethereum? Staking is a special proof-of-stake mechanis

What does staking mean in Ethereum (Ethereum staking official website)

What does staking mean in Ethereum? Staking is a special proof-of-stake mechanism in the Ethereum blockchain, and the validation process in the network is carried out by miners.

By staking, miners can mine and earn rewards, as well as obtain tokens (ETH) from block producers. This is an economic incentive model based on proof-of-work (PoW), which is similar to the traditional PoW mechanism. Therefore, users need to stake a certain amount of tokens to participate in the voting process of the system’s nodes.

According to data statistics from stake.fish, there are currently three active accounts in the Ethereum network: one holds 1000 ETH or more, and the other has been running for more than a year as a node. These accounts use the “delegation” method to pledge their assets as “stake” to miners.

Ethereum staking official website

Ethereum staking official website: eth.stakefish.io

https://www.eth-staking official website: eth-staked.org/

/eth1.stakingfinance

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