Ethereum Merge Vastly Elevated Stakefish’s Profile, however 25% of Its Workers Are Gone Anyway

Ethereum Merge Vastly Elevated Stakefish’s Profile, however 25% of Its Workers Are Gone Anyway

by Jeremy

Ethereum’s swap from a proof-of-work to a proof-of-stake system handed the reins of the second-largest blockchain from miners to validators that “stake” ether (ETH), Ethereum’s native foreign money, by sending it to an tackle on the chain the place it can’t be purchased or bought. Stakefish, which units up interest-earning validators on behalf of its prospects, managed round 2% of all staked ETH at press time. It’s also a significant validator in different ecosystems, together with Cosmos, Polkadot, Polygon and Solana.

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