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Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

3Jul

By OLAJIDE SAMUELNo Comments

Cardano

Vitalik Buterin Reveals Concerns about ETH Staking Protocol, Cardano’s Charles Hoskinson Expresses Amazement

In a recent episode of the Bankless Podcast, Vitalik Buterin, the lead creator of Ethereum, made a surprising revelation about his approach to staking his ETH holdings. Buterin disclosed that he only takes a small portion of his ETH, citing safety concerns with the Ethereum staking protocol. Buterin Express Half trust on ETH staking, Hoskinson reacts Since its inception in 2015 as a proof-of-work (PoW) network, Ethereum made the transition to a proof-of-stake (PoS) consensus mechanism in 2022. This shift allowed users to stake their native token, ether (ETH), to earn rewards. However, Buterin expressed reservations about fully trusting the ETH staking process due to certain safety issues, particularly the risk of wallet key exposure. Read Also: Shiba Inu (SHIB) Shows Neutral Sentiment...

Top ETH Whale Buys A Whopping 133.53 Billion SHIB, Shibtoken Follows Shibarium’s Blockchain Twitter Handle.

According to Etherscan.io, a massive 133.53 Billion SHIB was purchased by a top ETH whale in the past 24 hours and the Shiba Inu team officially followed Shibarium’s blockchain Twitter handle. In the recent report shared by Etherscan.io, the top ETH whale recently acquired a whopping 133,533,637,671 (133.53B) SHIB, worth $1,609,079 ($1.60M) in three separate transactions in the past 24 hours. Read Also: Terra Classic Spikes 273% In Three Months, 25% In 24 Hours, LUNC Revives Daily It is worth noting that the whale came into existence 23 hours ago after it accumulated the account with a total of 33,333,271,618 (33.33B) SHIB in his first transaction. Following the first transaction, the Whale didn’t seem to stop there and interacted with one of the Binance wallets tagged “Binanc...

A Top ETH Whale Acquires Over 536.51 billion SHIB From Coinbase And Binance In The Past 24 Hours

The whale has resumed its activities as a Top Ethereum whale hoarding over 536.51 Billion Shiba Inu (SHIB) through several transactions in the past 24 hours. According to Etherscan.io, the top ETH whale has just bought a whooping 536,519,773,065 (536.51B) SHIB, worth $7,017,678 ($7.01M) via 14 impulsive transactions in the past 24 hours. Read Also: Max Callisto, One Of The LUNC DAO's CEOs To Re-Open IBC Protocol While Terraform Labs Re-Affirm The Implementation Of LUNC 1.2% Tax Burn Proposal On the Sept 20th. The data from Etherscan.io data reveals that the biggest ETH investor has acquired all of her Shiba Inu from the two world’s leading cryptocurrency exchanges, Coinbase and Binance. First Purchase According to the Etherscan, the whale first purchased a total of 475,719...