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5 Challenges for the Ethereum Network

Altszn.com by Altszn.com
September 25, 2023
in Blockchain, Crypto, DeFi, Web3
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5 Challenges for the Ethereum Network
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A year on from the Merge, however, centralization remains one of Ethereum’s biggest challenges. To stake on Ethereum, a validator needs to lock up 32 ETH, or roughly $50,000 with the network – funds that earn a steady stream of interest, but can be revoked if a validator errs or acts dishonestly. Setting up a validator node to stake on the network can also be a complicated task, meaning financial penalties can result if things are set up improperly.



Read More: www.coindesk.com

Tags: ChallengesDeFiEthereumNetwork
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    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • aptosAptos (APT) $ 4.95
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    • crypto-com-chainCronos (CRO) $ 0.102521
    • okbOKB (OKB) $ 50.21
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • internet-computerInternet Computer (ICP) $ 5.37
    • jito-staked-solJito Staked SOL (JITOSOL) $ 187.70
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    • ethereum-classicEthereum Classic (ETC) $ 17.60
    • bitcoinBitcoin (BTC) $ 105,659.00
    • ethereumEthereum (ETH) $ 2,599.92
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.26
    • bnbBNB (BNB) $ 661.90
    • solanaSolana (SOL) $ 155.78
    • usd-coinUSDC (USDC) $ 0.999775
    • dogecoinDogecoin (DOGE) $ 0.193741
    • tronTRON (TRX) $ 0.270811
    • cardanoCardano (ADA) $ 0.686469
    • staked-etherLido Staked Ether (STETH) $ 2,600.90
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,580.00
    • hyperliquidHyperliquid (HYPE) $ 36.64
    • wrapped-stethWrapped stETH (WSTETH) $ 3,132.02
    • suiSui (SUI) $ 3.25
    • chainlinkChainlink (LINK) $ 14.15
    • avalanche-2Avalanche (AVAX) $ 21.17
    • stellarStellar (XLM) $ 0.273652
    • leo-tokenLEO Token (LEO) $ 8.94
    • bitcoin-cashBitcoin Cash (BCH) $ 403.57
    • the-open-networkToncoin (TON) $ 3.18
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • hedera-hashgraphHedera (HBAR) $ 0.172576
    • usdsUSDS (USDS) $ 0.999732
    • wethWETH (WETH) $ 2,597.43
    • litecoinLitecoin (LTC) $ 89.71
    • wrapped-eethWrapped eETH (WEETH) $ 2,781.31
    • moneroMonero (XMR) $ 343.78
    • polkadotPolkadot (DOT) $ 4.15
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • bitget-tokenBitget Token (BGB) $ 4.79
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.649443
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,631.00
    • whitebitWhiteBIT Coin (WBT) $ 31.38
    • aaveAave (AAVE) $ 266.78
    • uniswapUniswap (UNI) $ 6.64
    • daiDai (DAI) $ 0.999965
    • bittensorBittensor (TAO) $ 388.32
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • aptosAptos (APT) $ 4.95
    • nearNEAR Protocol (NEAR) $ 2.51
    • crypto-com-chainCronos (CRO) $ 0.102521
    • okbOKB (OKB) $ 50.21
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • internet-computerInternet Computer (ICP) $ 5.37
    • jito-staked-solJito Staked SOL (JITOSOL) $ 187.70
    • ondo-financeOndo (ONDO) $ 0.851290
    • ethereum-classicEthereum Classic (ETC) $ 17.60