The number of verifiers of the Ethereum beacon chain exceeded 520000, and the total pledge amount was close to 17.7 million ETHs
It is reported that according to the latest data on the official website of Ethereum, the total number of verifiers of Ethereum beacon chain has exceeded 520000, with 520252 at the time of writing. In addition, the total pledge amount of Ethereum reached 17691212 ETHs, with an APR of 3.7%. According to the current price, the total value of pledged ETHs was close to US $30 billion.
Interpretation of this information:
The latest report on the official website of Ethereum shows that the total number of verifiers of Ethereum’s beacon chain has exceeded 520000. This is a significant increase from the previous reported number of 500000, a testament to the growing popularity of the Ethereum network. The Ethereum beacon chain serves as a foundation for the Ethereum 2.0 upgrade, and it uses a proof-of-stake consensus algorithm to validate transactions on the network, as opposed to the previous proof-of-work algorithm. This upgrade has been anticipated for several years now, and it signifies a significant milestone in the development of the Ethereum ecosystem.
In addition, the report indicates that the total pledge amount of Ethereum has now exceeded 17691212 ETHs, with an APR of 3.7%. This means that users who pledge their ETHs can earn an annual interest of 3.7%, which further increases the attractiveness of the network. The total value of pledged ETHs, according to the current market price, is estimated to be close to US $30 billion, indicating the amount of trust and confidence held in the Ethereum network by its users.
There are several interpretations that can be made from this report. Firstly, the increase in the number of verifiers of the Ethereum beacon chain highlights the growing popularity of the network, fueled by the anticipation of the Ethereum 2.0 upgrade. Secondly, the high pledge amount and APR are indicative of the willingness of users to invest in the network for the long term, signaling a high level of confidence in the future of Ethereum.
Lastly, the estimated value of pledged ETHs close to US $30 billion underscores the massive potential of the Ethereum network, both in terms of the value it can generate and the impact it can have on the broader financial industry. As Ethereum continues to progress towards its 2.0 upgrade, it is likely to attract an increasing number of validators while cementing its position as a leading blockchain platform.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/44732.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.