Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds
The Eth2 staking provider only requires 16 ETH to run a minipool, and stakers with as little as 0.01 ETH can put their crypto to work on the Beacon Chain. The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky.In its first two days of operations, Rocket Pool has registered 237 node operators across 42 global locations, with 1088 ETH staked. According to an announcement the platform now has Total Value Locked of 4000 ETH ($13.9 million USD) in value, including....
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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....
“In the staking market, there was significant latent demand for a decentralized option — it just needed our launch to spark an inferno,” said Rocket Pool general manager Darren Langley. Rocket Pool, a decentralized Ethereum 2.0 staking platform has surpassed $350 million worth of total value locked (TVL) within five weeks of its official launch. The project aims to remove the barriers to entry for Eth2 stakers and node operators. It allows any user to run a node for 16 ETH ($59,000), which is half of the 32 ETH ($119,000) required in the Eth2 deposit contract. Users with as little as 0.01....
Ethereum developer Danny Ryan’s new proposal would unlock 80% of withdrawal use cases and allow decentralized staking service Rocket Pool to launch within months. Withdrawal contracts for Ether staked on Ethereum 2.0 could become available as early as Q1 2021 allowing decentralized Eth2 staking service Rocket Pool to launch.While Phase 0 of Eth2’s roll-out was launched with its Beacon Chain on Dec. 1, the 900,000 Ether deposited by stakers will not be available for withdrawal until Phase 1.5 — which is expected to arrive around early 2022.Last week, Ethereum developer Danny Ryan introduced....
Bright Enabulele, Launches the First Staking Pool for Oduwacoin (OWC) called Oduwa Pool An innovative Staking Pool for people of Africa and underserved communities around the world has been launched by the renowned Blockchain Strategist, Bright Enabulele, Co-founder of Oduwacoin. This is another major milestone Oduwacoin’s innovation is delivering to the global digital economy. Oduwa […]
More than 100,000 Ether, valued at $60 million, has already been locked up for Eth2 staking using Kraken within four days of the exchange launching the service. Just four days after it launched its Eth2 staking service, customers of the popular U.S.-based cryptocurrency exchange Kraken have deposited more than 100,000 Ether, worth north of $60 million.The milestone was surpassed on Dec. 8, with the exchange estimating that its staking service represents approximately 8% of all ETH staked for Ethereum 2.0 so far. Kraken estimates that its service will provide an APY of between 5% and....