Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Btceth01 on November 09, 2021, 10:17:27 PM
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The plunge points at a growing lack of interest among traders and investors to become "full validators" on its upcoming proof-of-stake blockchain.The number of Ethereum addresses holding 32 or more Ether (ETH) reached a one-month low on Nov. 9.
The number of externally owned Ethereum accounts (EOAs) holding at least 32 ETH fell to 108,949 compared to 108,965 on Oct. 22, according to data from Glassnode, a sign that traders and investors ignored the prospects of becoming validators on its upcoming proof-of-stake blockchain, dubbed Ethereum 2.0.In detail, staking in Ethereum 2.0 requires users to deposit 32 ETH into a designated smart contract address to become a full node validator. In doing so, the depositor gains the right to manage data, process transactions and add new blocks to the upgraded ETH blockchain. Source (https://cryptonews.net/2586607/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)