Meanwhile, Ethereum Proof-of-Stake and its infrastructure continue to take shape following the launch of Rocketpool.
There are many ways of participating in Ethereum and supporting the network at the current state.
Proof-of-Work ensured complete decentralization even though energy inefficiency is a significant environmental concern.
Ethereum will deactivate mining in the months ahead, shifting consensus to a staking system where validators have to lock 32 ETH to run a full node.
Rocketpool Launches, Over 1K ETH Staked in Less than 48 Hours of Operation
The problem is, 32 ETH at spot rates is too steep.
This is where Rocketpool steps in. Their solution allows ordinary users to delegate their ETH—as low as 0.01 ETH– and, in return, receive staking rewards.
According to Rocketpool, users with 16 ETH can even run a mini-pool.
There are presently over 237 node operators from more than 42 global locations as over 1k ETH staked to the Beacon Chain.