Khizar Ibraheem

Summary: ETH staking is a great way to generate wealth with your Ethereum that would otherwise be sitting idle. In this article, we find the best rates for Ethereum staking, different staking strategies, and the myriad ways in which you can maximize your ETH returns. Source APY Min. Stake Amount Staked Fee Type Stake.fish 3.40% 32.0ETH 572,704 0.1ETH De-centralized Staked.us 3.39% 32.0ETH 463,104 1.75% Centralized Rocket Pool 2.65% 0.01ETH 384,416 15% De-centralized Stakewise 3.07% 0.01ETH 73,280 10% De-centralized Binance 1.50% 0.001ETH 1,012,864 5% Centralized Uphold 3.00% 0.01ETH Unknown 15% Centralized Kucoin 2.80% 0.01ETH 26,464 8% Centralized Coinbase 2.18% None 2,071,424 25% Centralized Kraken 9.00% 0.00001ETH 1,233,632 15% Centralized Vesper 3.89% 0.01ETH 1,268 15% De-centralized Aave 2.08% 0.01ETH 38,654 Variable (ETH gas fees) De-centralized Lido 3.00% 0.0001ETH 4,857,824 10% De-centralized We’ve talked at length about crypto staking–what it is, why you might want to do it, and the benefits (and pitfalls) of the practice. While there are a lot of different opportunities for staking in the crypto space, Ethereum is often touted as a solid, reliable way to generate wealth via crypto–for those ready to put up a stake and hold for the long term. In this article, we’re covering one of the biggest staking chains on the market–Ethereum. What is the highest staking yield on ETH? Staking yields on ETH can fluctuate heavily based on factors like network activity, the amount of ETH staked at any time, and the total number of active validators on the network. Double-digit yields on staking ETH were quite common during the latest crypto bull run. However, after the bear market and crypto crash, the best ETH staking yields are usually in the high single digits, between 6% to 9% on average. What is the average yield of staking? For Ethereum, after the successful merge in 2023, the average staking yields fluctuated between 4% and 6%. But in optimal conditions, this figure can go above 10% as well. On average, crypto staking yields are generally superior to the yields from savings accounts and are comparable to US Treasury Bonds and AAA corporate bonds. What Are the 4 Ways to Stake ETH for Yield? In a Proof-of-Stake (PoS) blockchain network like Ethereum, a validator is a computer dedicated to maintaining the security and integrity of the entire system. To run a validator node on Ethereum 2.0, you must stake 32 ETH (roughly $50,000 at the time of this writing). At least four ways crypto investors can stake their ETH on the Ethereum PoS blockchain. From billionaire crypto whales to first-time investors, there is an ETH staking option for everyone. We’ll cover each option, with the difficulty level for each, as well as the “regulation risk” that the government will shut down. 1. Solo Staking Ethereum (Validator Node) Difficulty level: High Regulation risk: Low The process of staking 32 ETH and running a validator node on your own is called solo staking. Along with the staked ETH, you will also need a reasonably high level of knowledge about network software and hardware maintenance. Solo staking involves: Setting up a dedicated computer system. Running and syncing an execution layer client. Running and syncing a consensus layer client. Generating and managing your keys. Maintaining both the hardware and software of your node. Solo staking is a major responsibility for the investor. But you are a full contributor to the Ethereum network and are rewarded a portion of the gas fees paid by those who use it. Advantages of Solo Staking Earn more ETH without paying any fees to middlemen. Retain full control of your investment and wallet keys. Better for the long-term health of the Ethereum blockchain. Disadvantages of Solo Staking Needs a high capital investment. Requires knowledge of blockchain and computer hardware. The burden of security (and uptime) rests on your shoulders alone. 2. Ethereum Staking-as-a-Service Difficulty level: Medium Regulation risk: Medium Staking-as-a-Service is a business model where a third-party company runs a validator node on your behalf. All you have to do is provide the 32 ETH staking capital. The firm will handle your validator node’s installation, programming, and maintenance for a fixed fee. Staking-as-a-Service is an option if you have 32 ETH to spare but don’t have much knowledge and experience in configuring and running a validator node. You can delegate the technical tasks to the company while retaining control of your validator keys. With the rise of ETH 2.0, many firms have started offering Staking-as-a-Service. Stake.Fish, featured on our shortlist, is one such firm that charges a flat commission of 0.1 ETH for its services. To find the best staking-as-a-service firm, look for these features: Uses 100% open-source code. Provides formal auditing results of all essential code. Has a bug bounty system to reduce the risk of vulnerabilities. Service has undergone proper battle-testing. There are KYC, account signup, or special permission requirements. The company has a diverse array of independent validator clients. You get full custody of all validator keys. Staking-as-a-service is a model with clear advantages and weaknesses, depending mainly on your proficiency in the technical aspects of cryptocurrencies and blockchain networks. Advantages of Staking-as-a-Service It’s beginner-friendly, with no need for advanced knowledge about blockchain. You don’t have to worry about security and network uptime. You still retain control of your investment via ownership of validator keys. You don’t have to invest money into IT hardware Disadvantages of Staking-as-a-Service A percentage of your rewards will go to the company as service charges. The security of your investment is in the hands of a third party. You must handle the hassles of KYC and other signup formalities. 3. Pooled Ethereum Staking Difficulty level: Low Regulation risk: Low Most crypto enthusiasts do not have the resources to run a solo validator node. The next best option is pooled staking: investors pool their money via pooling platforms. Once the pool reaches 32 ETH, the platform deploys it to activate a validator node and the members of the pool share in the rewards. The important thing to

Homepage > News > Business > Pennsylvania passes bipartisan digital asset bill The U.S. State of Pennsylvania has passed a bipartisan bill aimed at providing greater regulatory clarity for digital assets and for the 1.5 million residents of the state who currently invest in them. Last week, the Pennsylvania House of Representatives passed House Bill 2481, known as the “Bitcoin Rights Bill,” which protects residents’ rights to self-custody digital assets, enables using Bitcoin as a legal form of payment, and outlines taxation rules for Bitcoin transactions. The bill passed with overwhelming and bipartisan support, in a 176-26 vote that could also set a crucial precedent for digital asset legislation at a federal level. Pennsylvania is an important swing state in the election, and roughly 12% of the 13 million people in the state hold digital assets. The bill now moves to the Republican-controlled Pennsylvania Senate, where it is expected to be taken up for a vote after the November elections. If passed, it will proceed to Governor Josh Shapiro for his approval. Developed with the assistance of the Bitcoin advocacy group Satoshi Action Fund (SAF), the bill reflects a growing momentum at the state level for digital asset regulation and clarity, as well as a possible frustration with stalling efforts on Capitol Hill. Lawmakers in Washington D.C. continue to wrangle over key pieces of digital asset regulation, in particular, the Financial Innovation and Technology (FIT) for the 21st Century Act and the Clarity for Payment Stablecoins Act of 2023; the former passed a full U.S. House of Representatives vote in May but has yet to gain approval in the Senate, while the latter passed Committee stage last July but has since been languishing in the House. The Stablecoin bill would create a regulatory framework for issuing and overseeing payment stablecoins, including a licensing regime for issuers, reserve requirements, and anti-money laundering checks. The more far-reaching FIT21 Act aims to bring more regulatory clarity to the digital asset space by more clearly defining the jurisdictions of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—the two key regulators of the industry—while also clarifying when an asset is a security or commodity, and at what point the former becomes the latter. There is still hope on the hill that digital asset legislation can be passed this year, but with the election fast approaching and the subsequent lame-duck Congress, time is running out. In the absence of federal digital asset regulation, states have increasingly taken matters into their own hand, with similar legislation to Pennsylvania’s Bitcoin Rights Bill in the works in 20 other states and laws already enacted in Oklahoma, Louisiana, Montana, and Arkansas. However, the timing of this week’s vote could have added significance, as Pennsylvania remains a critical battleground in the 2024 presidential election, and both Democrats and Republicans seek to win over digital asset-owning voters. Former President Trump has been openly courting the digital asset sector for some time, even pitching the U.S. as a “crypto capital of the planet.” Vice President Harris has been markedly coyer on the subject, but with the election date looming ever closer and the race remaining neck-and-neck, she has also begun dropping a few tantalizing hints that her administration would back the industry. Watch: Breaking down solutions to blockchain regulation hurdles title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> #Pennsylvania #passes #bipartisan #digital #asset #bill

Source: CryptoQuant Welcome to your daily dose of Ethereum news! Buckle up, because it seems like Ethereum is on a bit of a rollercoaster ride lately, and we’re here to break it all down for you. First off, the price of Ethereum (ETH) has been a hot topic, especially after it took a nosedive of about 30% earlier this month, hitting a low of $2,226. But hold on! It managed to claw its way back into the $2,600 range recently. So, what’s the deal? Well, analysts are saying that despite the recent recovery, Ethereum might just be gearing up for another bearish trend. According to a report by NewsBTC, the Taker Buy/Sell Ratio has dropped, indicating a potential dominance of sellers in the market. ShayanBTC, a CryptoQuant analyst, pointed out that this ratio is a crucial indicator of market momentum. A ratio above one typically means buyers are in control, while a ratio below one signals the opposite. Currently, the ratio is hovering in the zero region, suggesting that sellers are gearing up to offload their assets. This could spell trouble for Ethereum’s price, as the market needs a significant uptick in demand to avoid further declines. But that’s not all! In another twist, Metalpha, a digital asset management firm, has withdrawn a whopping 10,000 ETH (worth around $26 million) from the staking platform Lido and transferred it to Binance. This kind of movement could indicate bearish sentiment, especially since transferring assets to an exchange often suggests that the holder might be looking to sell. So, if you’re holding ETH, you might want to keep an eye on this situation! On the price front, Ethereum is currently trading around $2,610, reflecting a slight gain of 0.61% over the last day. However, the performance over the past month is less than stellar, showing a decline of nearly 24%. If the buying pressure can hold up, ETH could potentially break the $2,700 resistance level, but with the current selling pressure, it could also dip back down to $2,300. And let’s not forget about inflation! Ethereum’s supply has been a hot topic as well, with the circulating supply surpassing 120 million ETH. Unlike Bitcoin, which has a fixed supply, Ethereum is designed to be inflationary. Recent data shows that Ethereum’s supply has been growing, with over 210,000 ETH added to circulation recently. This trend could put downward pressure on ETH’s price if demand doesn’t keep pace. According to NewsBTC, the annual inflation rate for Ethereum is currently around 0.70%, which is something to watch. In summary, Ethereum is navigating a tricky landscape right now. With bearish sentiments looming due to the Taker Buy/Sell Ratio, significant withdrawals from staking platforms, and ongoing inflation concerns, it’s a wild time to be involved in Ethereum. Keep your eyes peeled for more updates, and remember to stay informed! #Bearish #Trends #Market #Movements

Offchain Labs, the initial developer of Arbitrum, the biggest Ethereum layer-2 network, announced “Fast Withdrawals” – described as “a new feature allowing select Orbit chains and RaaS providers to achieve withdrawal finality in under 15 minutes, compared to the usual wait time of up to seven days.” According to the team: “Implementing Fast Withdrawals cuts withdrawal times by over 90%, making the process extremely similar to withdrawing funds from a bank account. Although it is not identical, it represents a substantial improvement over the traditional blockchain standard, bringing it much closer to the experience of conventional TradFi funds transfer.” According to a press release, “Orbit chains that plan future support for the new feature include Apechain, Cheese, Nova, Sanko, Xai and others. RaaS providers include Offchain Labs, Alchemy, Altlayer, Ankr, Caldera, Conduit, and Gelato.” Here’s how it works, according to the press release: #Lisa #Neiguts #Base58 #FirstEver #Bitcoin #Grant #DonorAdvised #Fund

Executive Summary: After the successful conclusion of the Merge and the removal of lock-up periods, interest in Ethereum staking is increasing rapidly. But staking comes at the cost of liquidity. Platforms that offer liquid staking derivative (LSD) tokens combine the best of both worlds – passive income from staking rewards combined with the freedom to trade and invest staked ETH on DEXs and DeFi platforms through derivative tokens. LSD tokens come in different designs and architectures – rebasing contracts, non-rebasing tokens, single tokens, and dual-token models are the primary examples. Investors must learn about the pros and cons of each token and pick one that aligns with their long-term goals, risk tolerance, and liquidity needs. Staking rewards from LSD tokens range from a low of 2.00% all the way up to 9.00% APY. For DeFi projects, non-rebasing, dual-token systems offer the best performance. Decentralized services are preferable to centralized platforms due to the reduced risk of network attack vulnerabilities. What are Liquid Staking Derivatives (LSDs)? Explain Like I’m 5: Liquid staking derivatives are like borrowing a toy that looks and feels just like your favorite toy, so you can play with it while keeping your original toy safe. You can give the borrowed toy back when you’re done and get your original toy back. It’s a way to use your locked-up cryptocurrency without actually unlocking it. Liquid staking derivatives are an interesting new breed of crypto tokens that arose in late 2020. Like the derivative instruments in traditional finance, LSDs are financial instruments that derive their value from an underlying asset – in this instance, staked tokens in Proof-of-Stake (PoS) blockchains like Ethereum. LSDs are the native token found on liquid staking platforms. Rocket Pool, LIDO, and StakeWise are popular examples of liquid staking service providers. When you stake your PoS tokens on these platforms, you receive an equal amount of a native LSD token in exchange. (Stake your ETH in Coinbase, get cbETH in return.) The derivative tokens are minted on-demand in a 1:1 ratio when you deposit your tokens into the platform. And they are destroyed as soon as you withdraw your staked tokens. The LSD tokens can then generate additional yield through methods like yield farming. Any income you generate through these methods is in addition to your staking income. If you need immediate liquidity, you can trade these tokens on derivative exchanges or use them as collateral for DeFi loans. LSD tokens are similar to other crypto tokens since they are fully transferable and fractional. They hold a value that is similar to the underlying token. Their main purpose is to overcome the limitations associated with regular staking. Why Invest in Liquid Staking Derivatives? By January 2023, over 16 million ETH was locked away in staking. Liquid staking pools like Lido and Rocket Pool accounted for 42.7% of the total, worth around $10.7 billion. The success of these platforms indicates the massive demand for ETH staking despite the long lock-up period. Although the Shanghai-Cappella upgrade in April 2023 removed the withdrawal restrictions, it has not resulted in a sustained exodus of staked ETH from validator pools. Instead, deposits exceeded withdrawals barely a month after the upgrade, indicating renewed interest in Ethereum staking. And it is not hard to see why. To date, Ethereum staking has yielded rewards worth 1 million ETH. In the absence of mandatory lock-ups and the freedom to withdraw, the validators are likely to increase. When that happens, the average yield (APR) from staking will decrease further, especially for staking pools. Besides, even after the Shapella upgrade, investors seeking appreciable staking returns will still have to lock their tokens away for sustained periods of up to a year or more. This, combined with the specter of lower staking rewards, makes liquid staking derivatives even more attractive for anyone who cannot afford to run their own validator nodes. Best Staking Derivative Rates Rocket Pool rETH Minimum Stake: 0.01 ETH Total Value Locked (TVL): $1.17 billion Market Share: 7.16% Rocket Pool is one of the oldest Ethereum staking projects. The project was launched in 2016 when the Ethereum community was still debating the blockchain’s transition to the Proof-of-Stake model. Although it has been overtaken by others like Lido and the newer Coinbase liquid staking protocol, Rocket Pool is still the third-largest liquid staking project for ETH. It retains a loyal following among crypto enthusiasts due to its heavy focus on decentralization. The governance token of the project is RPL. The LSD token you get in exchange for staking ETH is called rETH. Anyone with 16 ETH and 1.6 ETH worth of RPL can create a  Rocket Pool ETH staking node. The remaining 16 ETH is collected from other ETH holders seeking to participate in liquid staking through permissionless staking. The minimum stake required is quite low at just 0.01 ETH or around $20 at current exchange rates. The Rocket Pool homepage. The node operators receive a fee ranging from 5 to 20% of the staking rewards for their effort. Rocket Pool offers relatively modest yields of around 5.17%. The protocol earns income solely through RPL token emissions. As it is significantly less centralized than Lido, with over 2000 validators compared to the latter’s 21, Rocket Pool poses minimal risk to the Ethereum blockchain. Unlike Lido’s stETH, Rocket Pool’s rETH is not a rebasing token. The value of rETH constantly appreciates over time to reflect your staking rewards. In addition, non-rebasing tokens are easier to deploy in DeFi projects. These are some of the main reasons Rocket Pool maintains its popularity among safety-conscious stakers. StakeWise sETH2 Minimum Stake: 1 wei Total Value Locked (TVL): $163.94 million Market Share: 1.00% StakeWise is one of the many liquid staking protocols that appeared on the market after the launching of the Beacon Chain for the Ethereum Merge in December 2020. The LSD token awarded to ETH depositors on the staking service is called sETH2. Apart from sETH2, the protocol also has a dedicated token for staking rewards called

Homepage > News > Business > Women in Tech: Breaking barriers to blockchain adoption We need more innovation in future tech, and fostering diversity, especially in the startup space, will help move us toward mass adoption. The good news is that steps are being taken to encourage more females into the male-dominated tech world. For example, the United Kingdom hosted its first “Women in Tech Week” from October 7-11, a week of in-person and virtual educational programs. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Many female founders are keen to incorporate future tech, such as blockchain, into their startups, but they often do not know why they need to incorporate it or even where to start. This is why educational sessions like those offered during Women in Tech Week are essential. “When you say blockchain, the first thing that comes to mind for anyone is probably cryptocurrency, NFTs and that’s probably the extent of it, but it’s a wide range of super interesting topics that most people actually don’t think of when we say blockchain,” Sev Gunes-Lasnet, CEO and Founder of startup MyCFO.ai, shared with CoinGeek. “I think sessions are super interesting, so they just expand your field of view or your brain map on what’s under blockchain. And I think that that’s super easy to do, and that’s probably the first step,” she added. Females are still underrepresented in the tech world despite ongoing efforts to bring more women into the space, but we are seeing an increased interest in blockchain, which is a big step in the right direction. “Women are not well represented in the tech industry. I think with the blockchain industry, that is changing, and we want more women participation. We want everyone’s participation in this new technology,” said Vatsavaye Priyatham Varma, an in-house blockchain and artificial intelligence (AI) expert at Block Dojo. “I think women are showing a lot of interest in this new technology because they can say, okay, this is a potential technology where we can prove ourselves in the tech field. So I think women are the best people to learn this technology and implement that in their business ideas,” he added. Varma represents Block Dojo, a global venture builder focusing on leveraging blockchain and other future tech. To educate more female founders on the competitive edge that blockchain can bring to their startups, the London Block Dojo branch took part in the U.K.’s Women in Tech Week by hosting an evening of Blockchain Building 101 Session led by Varma. “We are running a skills session. It’s on blockchain building, so it’s an interactive game to introduce people to blockchain technology, how to build in the space, because that’s the complicated bit and then understand some kind of use cases for how they can apply that in the real world,” explained Cait Pilkington, the Block Dojo’s Dealflow Manager and organizer of the night. The session attracted a wide range of females, from recent graduates to finance professionals to startup founders to social media specialists, who were ready to learn the blockchain basics. “I think it’s really important to do the masterclasses, workshops where you can get some knowledge just in an instant so you don’t have to go through lots of barriers to get to that knowledge,” shared Yulia Zhivetyeva, one of the participants of the night. “I think that it’s really important to have weeks like these, events like this yearly, and to spread the word as well so that these things are happening and so that more women will have access to technology and to this knowledge,” she added. The Dojo’s Pilkington is a big believer in the power of diversity to bring more innovation to blockchain and tech in general, which is one of the reasons why she jumped on the opportunity to support U.K. Women in Tech Week. “I think lots of the technology is amazing, but you need the diversity of thought behind it to open up some new ideas, some new innovation,” she said. “And that little spark that might happen during a session like tonight.  It could be something that is the next unicorn in a few years, so opening up that opportunity to women is maybe what’s going to cause that innovation.” Watch Women in Blockchain Panel: Highlighting need for more diversity in blockchain space title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> #Breaking #barriers #blockchain #adoption

Image attributed to: Cointelegraph.com Welcome back to the latest scoop in the world of Bitcoin! Today, we’re diving into some exciting developments that could shake up the market. First up, Bitcoin miners are looking at a potential windfall of $13.9 billion annually if they pivot some of their energy resources to the booming artificial intelligence (AI) and high-performance computing (HPC) sectors. According to a report by VanEck, this shift could be a game-changer for miners struggling with profitability due to the volatile nature of Bitcoin’s price and operational costs. VanEck pointed out that miners have the energy, and AI companies need it. This could help miners improve their often precarious financial situations. For more details, check out the full article here. In other news, the Bitcoin bull rally appears to be far from over, as discussed in this week’s Hodler’s Digest. Despite the U.S. government’s decision not to sell $590 million worth of Bitcoin on Coinbase, the market has been buzzing with activity. Notably, Elon Musk’s social media platform, X, faced a DDoS attack just as he was set to interview presidential hopeful Donald Trump, causing quite the stir among users. You can read more about this intriguing event here. Meanwhile, spot Bitcoin ETFs are gaining traction, even in the face of August outflows. Recent data shows that major players like Fidelity and BlackRock are driving positive inflows into these investment vehicles, which is a promising sign for Bitcoin enthusiasts. On August 16, total weekly net inflows for spot Bitcoin ETFs reached $32.58 million, a stark contrast to the outflows earlier in the month. For more on this topic, check out the article here. Switching gears, let’s talk about the world’s largest sovereign wealth fund. According to analysts, the Norwegian fund’s indirect Bitcoin exposure of over $144 million may not have been a strategic move. Instead, it likely stems from automated sector weighting and risk diversification strategies. This revelation raises questions about intentionality in Bitcoin investments. For further insights, read the full article here. Now, onto some potentially unsettling news: U.S. Marshals are reportedly preparing to sell Bitcoin seized from the Silk Road marketplace. This news has sparked concerns regarding market stability as finance lawyer Scott Johnsson suggests that the USMS is in the process of liquidating these assets. For more information, check out the article here. On the price front, Bitcoin continues to show signs of struggle as it hovers around the $59,000 mark. Recent analysis from CryptoPotato highlights three bearish signals for Bitcoin, including its inability to break the $70,000 resistance level and significant withdrawals of USDT from exchanges. This week, over $1 billion in USDT was withdrawn, marking the largest outflow since May. You can read more about these price dynamics here. However, it’s not all doom and gloom. On a brighter note, Bitcoin’s hashrate has surged to new highs, despite miners realizing losses. This uptick in hashrate indicates increased competition and security for the Bitcoin network. CryptoQuant reported that Bitcoin’s hashrate now stands at 627 EH/s, a significant recovery from previous lows. For more on this, check out the article here. Lastly, we have an intriguing case involving a Canadian crypto exchange that allegedly gambled away $9.5 million of users’ Bitcoin and Ether. The British Columbia Securities Commission found that the exchange, ezBtc, misappropriated funds intended for customer accounts. This scandal underscores the importance of diligence in the crypto space. For the full story, click here. In conclusion, the landscape for Bitcoin is as dynamic as ever. From miners exploring new revenue streams to market fluctuations and regulatory scrutiny, there’s never a dull moment in the world of cryptocurrency. Stay tuned for more updates as the situation unfolds! #Miners #Eye #Profits #Market #Trends

Data tracked by Glassnode and André Dragosch, director and head of research – Europe at Bitwise, shows the number of so-called whales or network entities owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021. #Number #Bitcoin #Whales #Holding #BTC #Jumps #Highest #January

Key Takeaways: For individual investors, staking crypto is a much more accessible and overall better alternative to mining. There are multiple staking methods available for you to choose from, including pooled staking and liquid staking services. The simplest way to start staking as a beginner is through an online user-friendly crypto exchange like Coinbase. Staking crypto assets can seem like a daunting process, but it’s much easier than mining or trading. By using centralized exchanges or staking platforms, most investors find it much easier to jump into staking to generate wealth. This beginner’s guide covers the basics of staking: methods, platforms, and the best crypto to stake for solid yields. What’s Inside? Learn how to stake popular tokens like Ethereum, Cardano, and Solana right from your couch. Discover the best platforms and rates for some of our favorite staking tokens. A step-by-step guide to starting staking on Coinbase, Binance, and even your hardware wallet. Risks & Rewards: Yes, there’s fine print. We cover that, too. How Do You Stake Crypto? The simplest way to start staking as a beginner is via an online crypto exchange or platform. These resources provide users with tools and interfaces that make staking crypto straightforward. Here’s an easy-to-follow guide to getting started with staking using Coinbase: On Coinbase you can easily stake ETH right from your homepage. Click the ‘Stake now’ button to get started. Enter the amount to stake, continue, and then confirm your stake. What is Staking Crypto? Staking crypto is a process where investors can earn more cryptocurrency by supporting validation, specifically on “Proof of Stake” blockchains. In a PoS blockchain, active users put up a small amount of crypto (the “stake”) to be considered for block verification. The chain will then select a random staker to authenticate a block and earn more crypto in return. With the rising popularity of staking, however, it takes more and more crypto to participate effectively: Source: Beaconcha.in Staking is using your crypto to earn passive returns by locking some of that crypto into a staking wallet that the exchange uses to validate on-chain transactions. This process is much like earning “interest,” but rather than earning interest through a bond or a bank account, you earn it on the exchange. Commonly, the staking process involves leaving the crypto in the wallet for a predetermined time. During this time, the network uses the locked cryptocurrency to verify transactions and maintain the security of the blockchain. In exchange for providing this service, crypto holders earn more cryptocurrency as a reward (i.e., “staking rewards”). Staking is an alternative to the energy-consuming and tedious validation processes found on Proof of Work chains like bitcoin. You can earn interest income on cryptocurrency holdings without trading or mining it actively. Proof of Stake vs. Proof of Work Staking is possible exclusively on blockchains that employ the Proof of Stake (PoS) consensus algorithm. This mechanism lets network participants agree on which transactions should be validated and added to newly created blocks. Unlike bitcoin’s Proof of Work (PoW) algorithm, which raises the question “Can you stake bitcoin?” (the answer is no), the PoS consensus method is a more energy-efficient, eco-friendly alternative to PoW mining. If you have PoS crypto investments sitting idle, staking is an option to earn additional income. It is similar to earning interest on a fixed deposit but with the potential for higher interest and risk. How Crypto Staking Works Staking involves holding a certain amount of cryptocurrency in a specific digital wallet and locking it in place for a predetermined amount of time. This process requires user resources to support stability and security across the chain, as staking wallets support the longevity of transaction verification. To stake, users commit a certain amount of cryptocurrency to the network to participate in cryptocurrency staking. For example, a minimum of 32 ETH is required to stake on the Ethereum chain. The network then selects validators from among staking participants to confirm blocks of transactions. The more cryptocurrency users commit, the higher their chances of being chosen as a validator. As each block is added to the blockchain, new coins are created and distributed as rewards to the validator of the block. Typically, these rewards are paid in the same cryptocurrency that the participants have staked. Staking rewards vary depending on factors like the amount, the length of time the cryptocurrency is staked, and the demand for the cryptocurrency. Different Ways of Staking There are four primary ways in which you can participate in coin staking: Delegation The first and easiest way is delegating, a popular option for smaller crypto investors who don’t want to spend the money and effort to operate a validator. Rather than investing a large sum, smaller users delegate their coins to a validator (such as an exchange or staking platform), which pools the staking funds from multiple investors. Investors then receive a portion of the staking rewards earned by the validator in exchange for their delegation. The rewards depend on the amount of the delegated cryptocurrency and the share it represents from the validator’s total stake. Delegating implies entrusting your cryptocurrency to a third party. Therefore, it’s essential to perform due diligence and pick a trustworthy validator or node with a good track record and reputation in the network. Pooled Staking The second method is to stake your tokens through a pooled staking service. Many include Stake.fish (covered in more detail below) and RocketPool. Pooled staking functions similarly to a delegated approach in that a pool of crypto exists for staking purposes. However, this approach combines multiple validators into a pool to achieve greater staking rewards. The greater the number of tokens held in a single pool, the greater the chance that the pool will receive a staking reward. Pools are more advanced when compared to delegation but are worth investigating. Liquid Staking A third method for staking, becoming increasingly popular, is liquid staking services (also called liquid staking derivatives, or LSDs). Liquid staking through a platform like

Homepage > News > Tech > How Teranode will leave the competition in the dust As we approach 2025, the blockchain space stands on the verge of a major technological revolution. For years, BSV’s Teranode has been on-again-off-again in-development limbo, but after a total reorganization of the team, it is now in Beta testing at GorillaPool and Taal as of September 2024. With a target of processing 1 million transactions per second (TPS) without reliance on Layer 2 solutions, rollups, oracles, or any of the complex patchwork that other blockchains require, Teranode is poised to push BSV up to the top of the heap as the first truly scalable, public, general-purpose blockchain. And if that seems like a lot of qualifiers, it is, but “scalable,” “public,” and “general-purpose” might be the real blockchain trilemma that never got solved until now! It should also be noted that BSV’s current implementation is capable of around 10,000 TPS today without any compromises that plague other blockchains, but that isn’t for today’s conversation. In stark contrast, many of today’s so-called scalable blockchains—like Solana, Ethereum 2.0, and Avalanche—are bogged down by limitations that prevent them from ever reaching true mass adoption. As we look ahead, it becomes clear that these networks, even in 2025, will be stuck at least five years behind BSV in terms of scalability. More concerning for them is the fact that their architectures rely heavily on (often vaporware) Layer 2, workarounds, and compromises that create inefficiencies and centralization (security) risks. Let’s break down how Teranode outpaces the competition and highlight the shortcomings of these “next-gen” blockchains claiming to lead to scalability. Solana: The overhyped speedster Solana has long marketed itself as a high-performance blockchain with theoretical speeds of up to 65,000 TPS. However, in real-world conditions, Solana typically processes between 2,000 and 3,000 TPS, and much of this activity (up to 90%) consists of internal consensus-related transactions rather than public-facing activity. Solana has also faced repeated network outages during high-demand periods, underscoring its scalability limitations. Since the network was able to be rebooted, it begs the question of whether it is even a publicly distributed system. To their credit, they persist in continuing to work out their kinks, but the fundamentals of the network are clearly flawed in the long term. Scalable? Not practicallyPublic? Arguably notGeneral Purpose? Yes In contrast, Teranode’s 1 million TPS is not just theoretical. It is designed to be sustained under real-world conditions, allowing for global, high-velocity commerce on the blockchain without crashing under pressure or requiring more than one transaction related to consensus-finding, and that’s the coinbase reward. By not needing consensus-related transactions to clutter block space, BSV enables businesses to leverage the blockchain for real economic activity rather than simply maintaining the network. Also, even under attack, the system persists as long as a single node maintains the truth, showing the power of honest nodes on a public network. Ethereum 2.0: Layer 2 dependencies and centralization risks Ethereum 2.0, while promising on paper, has a TPS ceiling of around 100,000 under ideal conditions and when using Layer 2 rollups—which are largely trust-based compromises. Also, its base Layer 1 continues to struggle with limited throughput (around 100 TPS) and high transaction fees under load. To achieve scalability, Ethereum relies on Layer 2 solutions like Optimistic and ZK-Rollups, creating a fragmented ecosystem where most users interact through second layers that inherit Ethereum’s security in some cases, but not others and also heavily complicate the user experience. Scalable? No.Public? L1 is debatable. L2 is not.General Purpose? Yes  On the other hand, Teranode eliminates the need for Layer 2 entirely, as all scalability is achieved directly on Layer 1 among competing peers. This means no fragmented liquidity, no additional trust assumptions, no insecure bridges, and no complicated rollups to maintain the security of the network. Smart contracts, tokenization, and even complex applications can all run on-chain without the performance bottlenecks or fee spikes that plague Ethereum and its thousands of derivatives. Avalanche: High TPS, low decentralization Avalanche touts a respectable 4,500 TPS, but this comes at the cost of decentralization. Its reliance on subnets and their validators to achieve scalability raises concerns about centralization, as a small number of validators could gain outsized influence over the network. Additionally, as the network scales, so too must the number of validators, which could exacerbate centralization risks. The problem is essentially a tug-of-war between altruism and competition where incentives limit the scalability of the network despite it being a scalable network in theory.  Public? Debatable.Scalable? Not in practical terms.General Purpose? Yes. By comparison, Teranode on BSV is designed to scale without sacrificing the decentralization created by competition. The network maintains the integrity of proof-of-work (PoW), ensuring that scaling is achieved through economic incentives rather than a reliance on trusted validators. BSV’s architecture enables massive scaling without introducing new points of centralization, preserving the original vision of a decentralized, permissionless network. Critics will argue that there are currently too few “nodes” on BSV, but they are welcome to join the network and compete at any time, and they will be compensated economically if they are good at it. A truly open system. Fantom, Algorand, and the DAG contingency Fantom and Algorand represent two more examples of “scalable” blockchains still hamstrung by design limitations. Fantom uses a Directed Acyclic Graph (DAG) structure to boost its TPS to around 25,000, but it requires a large stake to find consensus (creating centralization and regulatory issues). Similarly, Algorand boasts up to 6,000 TPS with similar consensus-finding systems, but uses an Algrand Foundation-operated relay node system, keeping it far from being a true competitor as a public blockchain. Scalable? Algo: Sort of. Fantom: Pretty good!Public? Depends on how you feel about proof of stake systems and relays run by a foundation.General purpose? Yes By contrast, Teranode is designed to handle complex smart contracts natively in Bitcoin Script, along with a thriving ecosystem of tokens and decentralized applications. With BSV, businesses can rely on an infinitely scalable Layer