In today’s briefing:
- Crypto Moves #19 – Liquid Staking Protocols Are Ethereum’s Saver
Crypto Moves #19 – Liquid Staking Protocols Are Ethereum’s Saver
- It has been exactly eighteen months since Ethereum made the big switch from Proof-of-Work to Proof-of-Stake, an event widely known as the Merge.
- In simple terms, after the Merge, the responsibility for verifying transactions and proposing new blocks on the Ethereum network shifted from miners to holders, provided they choose to become stakers.
- To maintain the blockchain as stakers, holders lock up their Ether in the network.
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