Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Btceth01 on July 02, 2021, 11:22:42 PM
-
The launch of the energy efficient Ethereum 2.0 network will popularize the proof-of-stake consensus mechanism and make staking yields a more attractive source of income for both institutional and retail investors according to a new JPMorgan report. The authors estimate that holders of staked coins on PoS blockchains are currently generating some $9 billion in revenue annually from their staked holdings. When Ethereum completes its transition from proof-of-work (PoW) to proof-of-stake (PoS) next year, the analysts expect payouts will more-than-double to $20 billion. They project staking yields across the blockchain industry to double again to $40 billion by 2025.The two senior analysts also compared the financial incentives with staked cryptocurrencie to cash, cash equivalents, and fixed income instruments like U.S. Treasury bondsSource (https://cryptonews.net/936415/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)