05-09-2020, 08:37 AM
How to stake in ethereum 2.0 without needing 32 eth.
<!-- SC_OFF --><div class="md"><p>ETH 2.0 protocol will require you to have 32 ETH to become a validator. However there will be services which let you put your ethereum into a pool, similar to mining pools.</p> <p>Most exchanges like binance and coinbase will offer staking through their exchange. It will probably be extremely easy to use. BUT it won't be decentralised and you won't hold the keys to your ethereum.</p> <p>There's a project called RocketPool (RPL), which will allow people to pool their etheruem together in a decentralised way. By having a large pool of ethereum in a smart contract which distributes it out to multiple people running a validator. To give the people running these validators an incentive to use RocketPool instead of raw ethereum staking, they can earn Ethereum and RPL.</p> <p>Here's a link if you want some more details on how it works and what the user interface will look like. <a href="https://medium.com/rocket-pool/development-update-10th-april-72db7824c8e0">https://medium.com/rocket-pool/development-update-10th-april-72db7824c8e0</a></p> <p>My reason for posting this is to kill two birds with one stone. Firstly I want to try and help people avoid keeping their funds on exchanges for extended periods of time when staking comes around. Secondly I just wanted to show some love to a very small project which is currently the only decentralised solution for staking without 32 ETH.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>ETH 2.0 protocol will require you to have 32 ETH to become a validator. However there will be services which let you put your ethereum into a pool, similar to mining pools.</p> <p>Most exchanges like binance and coinbase will offer staking through their exchange. It will probably be extremely easy to use. BUT it won't be decentralised and you won't hold the keys to your ethereum.</p> <p>There's a project called RocketPool (RPL), which will allow people to pool their etheruem together in a decentralised way. By having a large pool of ethereum in a smart contract which distributes it out to multiple people running a validator. To give the people running these validators an incentive to use RocketPool instead of raw ethereum staking, they can earn Ethereum and RPL.</p> <p>Here's a link if you want some more details on how it works and what the user interface will look like. <a href="https://medium.com/rocket-pool/development-update-10th-april-72db7824c8e0">https://medium.com/rocket-pool/development-update-10th-april-72db7824c8e0</a></p> <p>My reason for posting this is to kill two birds with one stone. Firstly I want to try and help people avoid keeping their funds on exchanges for extended periods of time when staking comes around. Secondly I just wanted to show some love to a very small project which is currently the only decentralised solution for staking without 32 ETH.</p> </div><!-- SC_ON --> Kind Regards R