Ethereum Beacon Chain: A Look into its Total Pledge Amount and Deposit Addresses
According to reports, according to data from Dune Analytics, the total pledge amount of the Ethereum beacon chain reached 17982953 ETHs, and the pledged ETH accounted for 14.93% of
According to reports, according to data from Dune Analytics, the total pledge amount of the Ethereum beacon chain reached 17982953 ETHs, and the pledged ETH accounted for 14.93% of the total supply of ETH. Among them, the pledge share of the liquidity pledge agreement Lido reached 31.35%. In addition, the total number of deposit addresses has reached 100968.
The total pledge amount of Ethereum Beacon Chain is close to 18 million ETHs
Introduction
As the world of cryptocurrency continues to grow and thrive, Ethereum remains one of the key players in the market. Recently, reports have surfaced regarding the total pledge amount of the Ethereum Beacon Chain. According to data from Dune Analytics, the pledge amount has reached a staggering number of 17982953 ETHs, with the pledge share of the popular liquidity pledge agreement Lido reaching 31.35%. Additionally, the total number of deposit addresses has reached 100968. In this article, we will take a closer look at Ethereum’s beacon chain and delve into the details of its total pledge amount and deposit addresses.
What is Ethereum Beacon Chain?
Before we dive into the specifics, let us first understand what Ethereum Beacon Chain is. In simple terms, it is a blockchain system that was launched in December 2020 with the aim of transitioning Ethereum from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. Through the beacon chain, validators can pledge their ETH and validate transactions on the network, thereby earning rewards for their services.
Total Pledge Amount
Now let us get to the heart of the matter, the total pledge amount of the Ethereum beacon chain. In recent reports, it was revealed that the total pledge amount has reached 17982953 ETHs. To put this into perspective, this accounts for 14.93% of the total supply of ETH. This is a significant number considering that the beacon chain is still relatively new and is constantly evolving.
Pledge Share of Lido
One of the most popular liquidity pledge agreements on the Ethereum beacon chain is Lido. It allows users to earn staking rewards on their ETH without having to maintain their own node. Through Lido, users can effectively delegate their tokens to a pool of validators and earn rewards in return. According to reports, the pledge share of Lido has reached a whopping 31.35% of the total pledge amount on the beacon chain. This indicates a high level of trust and confidence in the platform.
Total Number of Deposit Addresses
Another interesting aspect of the Ethereum beacon chain is the total number of deposit addresses. These addresses are used by validators to pledge their ETH and secure the network. According to recent data, the total number of deposit addresses has reached 100968. This is a good indication of the growth and popularity of the beacon chain.
Conclusion
In conclusion, the Ethereum beacon chain is a promising platform that is gaining traction and popularity in the world of cryptocurrency. The total pledge amount, pledge share of Lido, and total number of deposit addresses all point towards a positive future for the platform. As the network continues to evolve, we can expect to see more developments and advancements in the near future.
FAQs
1. What is the difference between proof-of-work and proof-of-stake?
Proof-of-work is a consensus mechanism used by many cryptocurrencies where validators must solve complex mathematical equations to validate transactions on the network. Proof-of-stake, on the other hand, requires validators to pledge their tokens to secure the network and validate transactions.
2. How can I participate in the Ethereum beacon chain?
To participate in the Ethereum beacon chain, you can become a validator by pledging your ETH to the network. There are also several liquidity pledge agreements like Lido that allow users to earn rewards without having to maintain their own node.
3. Is the Ethereum beacon chain fully operational?
Yes, the Ethereum beacon chain is fully operational and has been running since its launch in December 2020.
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