ConsenSys and Securosys launch new long-term Ether staking protocol
The newly launched Codefi Staking purports to be a more secure staking solution for Ethereum 2.0. ConsenSys, a New York-based Ethereum software company, has partnered with cybersecurity firm Securosys to launch a more secure staking solution for Ethereum 2.0.The new product, dubbed Codefi Staking, provides “institutional staking tools for Ethereum 2.0,” whose Beacon Chain launched on Dec. 1, 2020 after securing the minimum deposit contracts. By partnering with Securosys, ConsenSys said it was able to create a more secure method for long-term Ethereum staking.The enhanced security is....
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The method employs Securosys' hardware security modules to keep participants' keys safe.
The COVID-19 Digital Health Passport will be trialed by healthcare professionals in Hong Kong. Later on, patients will be able to access the passport through a mobile app. The Chinese University of Hong Kong, or CUHK, has partnered with Ethereum developer ConsenSys to launch a new blockchain-based Medoxie COVID-19 Digital Health Passport – a product that could help healthcare workers combat the pandemic.The passport utilizes blockchain technology to record a patient’s COVID-19-related events, including test results, temperature checks and vaccinations, with the aim of providing a safe....
The latest Q3 DeFi report from ConsenSys expresses concern about DeFi’s threat to ETH 2.0 staking The rise of DeFi and high yielding liquidity provision opportunities could act as a barrier to participation in staking when ETH 2.0 Phase 0 finally launches according to a new report.The ConsenSys Q3 DeFi Report has taken a deep dive into emerging trends and warns that staking on Ethereum’s forthcoming Beacon Chain may be limited by better earning opportunities on decentralized finance protocols.ConsenSys believes it’s likely that Phase 0 of the ETH 2.0 upgrade will launch before the end of....
The Ethereum 2.0 deposit contract is open. How are things progressing, and what comes next? On Nov. 4, Ethereum (ETH) core developers hit a significant milestone. In a “quick update” on the Ethereum Foundation blog, developer Danny Ryan confirmed the release of the v1.0 specs for the hotly anticipated Ethereum 2.0 upgrade, which includes the mainnet deposit contract address. Anyone who wants to participate as a validator on the Ethereum 2.0 mainnet can now start depositing their minimum stake of 32 ETH.The initial results looked promising, with 14,000 ETH (worth around $5 million) staked....
Staking provider Lido was also found to be vulnerable to the bug that has delayed the launch of the Eth2 staking service Rocket Pool. Eth2 staking provider Rocket Pool has postponed its launch after a possible exploit was identified in the protocol’s code.On Oct. 6, Rocket Pool announced the postponement while the team implements a fix for the bug. Rocket Pool tweeted that “relatively minimal” changes are required to patch the vulnerability and that a new launch date will be announced soon.1/ Yesterday our bug bounty program helped discover an exploit that also affected other staking....