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Showing posts with the label proof-of-stake

Only 0.04% of Ethereum validators have been slashed since 2020, says core dev

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Only 226 validators have been slashed since Ethereum staking began, with 75 of those coming from one single event in Feb. 2021. The Ethereum ecosystem has seen only 226 validator s slashed since the launch of the Beacon Chain on Dec. 1, 2022 — amounting to just 0.04% of 524,060 validator s, according to an Ethereum core developer. Slashing is a process where a validator breaches the proof-of-stake consensus rules, which often results in the removal of that validator from the network and slashing a portion of the staked Ether (ETH) that the validator provided as collateral. Such slim odds of being slashed were highlighted by Ethereum core developer “Superphiz” in a Feb. 23 Twitter post, which suggests that people shouldn’t be concerned about staking ETH for that particular reason. 226 out of 523,000 validators on the beacon chain have been slashed. This is nothing to lose sleep over. Many slashings have occurred during failed system migration. Here are four emerging best practice tips...

21Shares debuts crypto staking ETP on BX Swiss exchange

21.co director of ETP Product Arthur Krause emphasized that the 21Shares Staking Basket ETP does not engage in lending. Switzerland-based cryptocurrency firm 21Shares is betting on proof-of-stake (PoS) coins by launching a new crypto exchange-traded product (ETP) dedicated to staking. 21Shares on Jan. 18 launched the 21Shares Staking Basket Index ETP, a crypto staking index designed to track up to 10 PoS crypto currencies. The ETP immediately starts trading on the local Stock Exchange BX Swiss under the ticker STAKE. At launch, 21Shares’ STAKE ETP tracks six digital assets, including Binance Coin (BNB), Cardano (ADA), Cosmos (ATOM), Polkadot (DOT), Solana (SOL) and Tezos (XTZ). The index will rebalance on a semi-annual basis in March and September in accordance with market shifts. With addition of STAKE, 21Shares and its parent firm 21.co now provide a total of 47 crypto ETP products across 12 exchanges in nine countries. The ETPs aim to provide investors with a safe and secure way ...