What is Staking? Ethereum’s Replacement for Mining

When someone mentions “staking ETH when Ethereum 2.0 comes,” they’re talking about the Ethereum network’s upcoming transition to Proof of Stake (PoS). This upgrade, often referred to as Ethereum 2.0, will swap out Proof of Work (PoW) miners for validators locking in ETH deposits to validate blocks and earn block rewards. Proof of Work in … Continue reading What is Staking? Ethereum’s Replacement for Mining