Quote from: Zeehaxan on August 05, 2020, 06:38:32 PM

Quote from: CryptoCrawler_2017 on July 27, 2020, 07:25:13 PM

https://storage.googleapis.com/ethereum-hackmd/upload_431e6a8ec269404e3f89fec7133482b9.png

As You all know The Ethereum Foundation is making the biggest upgrade of it's Blockchain & how it's going to be run.
Ethereum 2 is about to take off their Testnet, probably August 4th if the minimum needed validators count of 16,384 are allocated.

For this reason etherum Foundation created this eth2 validator Launchpad:
https://medalla.launchpad.ethereum.org

The basics of Ethereum 2 is to migrate from Proof Of Work (PoX) to Proof Of Stake (PoS). this means it's time to ditch miners & sticking to PoS.

After locking the sum of 33 ETH, the node owner will have to generate & upload his public keys to the deposit smart contract to be verified.

How much will an Etherum 2 Validator Earn Doing This?
By running your staking node, you'll be able to earn a passive income in ETH of up to %10.3 on yearly basis.

Timeline and milestones: Eth2 will be released in several phases:
https://medalla.launchpad.ethereum.org/static/media/timeline_testnet_launch.fe6d64e7.svg

It's a long journey to achieve for Etherum 2 & this will make Etherum as we know right now skyrocket in price value & become one of the best Asset Of Value same as Bitcoin.

10% yearly profit doing almost nothing, no mining, not elecricity cost for you miner ... no more bills, just get your ETH ready & load your node & get the easiset ETH you'll ever have is most probably on of the biggest dream of old ETH holders.

The demand on Etherum will differently make it more valuable for the next coming months.

Source: https://blog.ethereum.org/2020/07/27/eth2-validator-launchpad/

I think a lot more clarity is needed about how ethereum's proof of stake model will actually work because in simple staking just holding the coins is enough and you receive the rewards back in same wallet where coins are held while in terms of running a node proper system is required with internet otherwise you need to run it on a cloud with vos service, i hope it will be simple staking and not some technical procedure so that everyone can participate.

There will be no need to have redundant internet, etc. If your up most of the time, you'll be fine