In an interview, Chong cited the stringent validator requirements of BSC as a reason why Tranchess picked it over over PoS protocols for its expansion. One example is the higher threshold of staking to validate: While the Ethereum network requires a minimum of 32 staked ether, BSC requires nearly 10,000 staked BNB (worth $4.6 million) though many have upwards of 800,000 staked … [Read more...] about DeFi Protocol Tranchess Becomes Binance Smart Chain Validator Node, Launches Fund
Validator
How’s ‘Zelda’ Doing? Our Ethereum Validator Check-In
With the progress being made on the Beacon Chain over the past few weeks, I wanted to use this week’s newsletter to give an overview of the CoinDesk validator and its brief history.About nine months ago when ether was just $1,600, the CoinDesk team deposited 32 ETH to the staking contract to launch our very own Beacon Chain validator, dubbed “Zelda.” Since then, we’ve gained … [Read more...] about How’s ‘Zelda’ Doing? Our Ethereum Validator Check-In
A16z taps Deutsche Telekom subsidiary as Celo validator
The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets.According to a notice on Deutsche Telekom's website on Tuesday, T-Systems MMS is running the validator nodes via the company's Open Telekom Cloud which reportedly delivers robust security … [Read more...] about A16z taps Deutsche Telekom subsidiary as Celo validator
ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low
The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) has been declining, pointing at a possible lack of interest among traders and investors to become “full validators” for its upcoming proof-of-stake blockchain.At the same time, the price of ETH has rebounded back above $4,000 on Friday, while Bitcoin (BTC) tries to reclaim $51,000 following this … [Read more...] about ETH price regains $4K as possible Ethereum 2.0 ‘full validator’ count hits 17-month low
How do users pick a validator to nominate?
Polkadot has become one of the most popular staking platforms, and with returns of over 13%, it’s not hard to see why. So if you’ve stocked up your wallet with DOTs and read the staking guides, you’re probably now wondering how to choose which validator to nominate. Here’s what you need to know. How Will Your Rewards Be Calculated? First, some general information about how the … [Read more...] about How do users pick a validator to nominate?