Ethereum 2.0 is alive. Learn what “staking” is before it’s too late.

Ladies and gentlemen, we’re floating in space Ethereum 2.0 is here. Since the beginning of the month, the Beacon Chain is live. That’s the new blockchain that uses proof-of-stake model. It will run parallel to the first Ethereum blockchain, guaranteeing continuity of service.

If none of that makes sense to you, or if you want to refresh the concepts, head down to my “Ethereum 2.0: Is “staking” a risk-free, guaranteed investment?” article. A didactic piece for those who want to explore the possibilities of this new development and opportunity in the cryptocurrency space.

As an update for those in the know, the cryptocurrency exchange Kraken released a service for Ethereum staking. It forms pools together users who want to participate in the process and helps them validate transactions as a unit. In just four days, users deposited 100K in Ether. That’s more than $60 million at current ETH prices.

Anyway, read my article.

WORK: “Ethereum 2.0: Is “staking” a risk-free, guaranteed investment?”

Image by Peter Patel from Pixabay

I’ve been so busy that I forgot to tell you all that a new crypto article by yours truly was published. This time I tackle Ethereum, the world’s second-biggest cryptocurrency by market capitalization. I explain what “staking” is, how the proof-of-stake mechanism works, and try to determine if it’s a sound investment to participate in the new ecosystem. It’s a pretty didactic article, you don’t need to know much about the subject to understand it.

I’m so busy that this time I can’t even craft lame jokes for the introduction. It has come to this.

But anyway, Is “staking” a risk-free, guaranteed investment? Find out in the real article, or get a taste after the jump:

Continue reading