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How eth 2.0 staking works?

Answers (1)

Arsalan Afzal
Feb 03, 2022 13:23:39

Great question! Here's a quick overview of how eth 2.0 staking will work: 1. Participants in the staking process will deposit ether into a staking contract. 2. This ether will be used to vote on blocks and earn rewards for doing so. 3. The more ether you deposit, the more voting power you'll have. 4. Rewards will be distributed proportionately to the amount of ether deposited into each contract. 5. In order to participate in staking, you'll need to install a special software client called a "staker". 6. More information about staking will be released closer to launch time. Stay tuned!

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