On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
The Eth2 staking provider only requires 16 ETH to run a minipool, and stakers with as little as 0.01 ETH can put their crypto to work on the Beacon Chain.
The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting partner Allnodes Konstantin Boyko-Romanovsky.
In its first two days of operations, Rocket Pool has registered 237 node operators across 42 global locations, with 1088 ETH staked. According to an announcement the platform now has Total Value Locked of 4000 ETH ($13.9 million USD) in value, including collateral from the platform’s Rocket Pool (RPL) token.
Rocket Pool aims to become the “primary staking infrastructure for Ethereum, by providing a decentralized, easy to use staking network for individuals and businesses,” according to the whitepaper.
The protocol is progressively rolling out over four weeks. During the stage one of the launch on Nov 9, protocol limits quickly maxed out. During yesterday’s stage two launch on November 10, node operator minipool slots maxed out in just 45 seconds after launch. The stage two deposit pool limit of 480 ETH ($2.3 million) was quickly reached.
Rocket Pool was initially forced to postpone its Oct. 6 launch due to a potential vulnerability discovered on the network.
Boyko-Romanovsky said this week’s two stages went off without a hitch, aside from some minor tweaks made Monday night to change the website to show ‘mainnet’ and not ‘testnet’.
The launch of Rocket Pool marks the removal of several entry barriers for Eth2 stakers. To run an Eth2 node you normally require a deposit of 32 ETH ($155,000) and need to maintain permanent uptime.
Rocket Pool enables individuals, businesses and decentralized applications (DApps) to earn staking rewards on anything above a minimum amount of 0.01 ETH using the Beacon Chain, without the need to maintain staking infrastructure.
Related: Rocket Pool delays launch after vulnerability discovered by rival
While centralized services such as Binance or Coinbase have benefits in terms of making staking a quick and easy option for beginners, using a centralized service provider comes at the price of handing over your custody of private keys and reduced rewards.
Wow! Minipool slots in stage two of the Rocket Pool launch maxed out in less than a minute!
— Rocket Pool (@Rocket_Pool) November 10, 2021
For those who missed out, stage 3 will kick off on 15 Nov 00:00 UTC.
The rETH deposit pool limit has increased so liquid staking is available... for now.
Decentralized staking services like Rocket Pool (and other protocols such as Blox Staking and Stkr) use a trustless implementation for staking and don’t hold private user validator keys or withdrawal keys.
Boyko-Romanovsky told Cointelegraph that Rocket Pool is an “amazing example of a decentralized solution for Ethereum.”
“The more services like that, the more use cases Ethereum can have, and the more people who will admire decentralization.”https://ift.tt/3n4zx65
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