Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Rocket Pool Eth2 Staking Service Hits Stage Two in 45secs

Rocket Pool Eth2 Staking Service Hits Stage Two in 45secs

Kelly Cromley by Kelly Cromley
Nov 11, 2021
in Ethereum News, Market News, News
Reading Time: 2 mins read
0

In barely 45 seconds after its introduction, the ETH2 Rocket Pool staking service reached its second milestone, according to Konstantin Boyko-Romanovsky, a co-founder of hosting partner Allnodes and co-founder of Ethereum. Rocket Pool registered 237 node operators in 42 geographical locations in its first two days of operation, with a total of 1088 ETH invested in the pool. As a result of this increase, the platform now has a total locked-in value of 4,000 ETH (US $13.9 million), which includes the platform’s Rocket Pool (RPL) token guarantee.

“The core staking infrastructure for Ethereum,” as stated in the white paper, will provide “a decentralized and easy-to-use staking network for individuals and enterprises,” among other things.

The technique is implemented in stages over a four-week period. When the first stage of the launch took place on November 9, the protocol restrictions were immediately achieved at the upper limit.

The Node Operators minipool locations hit their maximum in just 45 seconds after the launch of the second stage on November 10th, during the launch of the second stage yesterday. The deposit pool maximum of 480 ETH ($ 2.3 million) for the second round was surpassed in record time.

Because of a potential vulnerability detected on the network, Rocket Pool was forced to postpone its launch on October 6 for a short period of time. Boyko-Romanovsky stated that both rounds this week went through without a hitch, with the exception of a few small tweaks made on Monday evening to the website to make it seem as “mainnet” rather than “testnet.”

As a result of the launch of Rocket Pool, a number of restrictions to admission for Eth2 tramlines have been removed. In order to run an Eth2 node, you must generally make a deposit of 32 ETH ($ 155,000) and ensure that the node is always available.

Without the requirement for a staking infrastructure, Rocket Pool enables individuals, organizations, and decentralized applications (DApps) to receive staking rewards on anything worth more than 0.01 ETH by staking it on the Beacon Chain, without the need for a staking infrastructure.

While centralized services such as Binance or Coinbase have advantages in terms of setting up a quick and easy alternative for newcomers, employing a centralized service provider comes at the expense of giving over control of your cryptocurrency to the service provider.

Untrusted decentralized staking services such as Rocket Pool (as well as other protocols like as Blox Staking and Stkr) rely on an untrusted implementation for staking and do not store private user validation or withdrawal keys on their servers. Rocket Pool, according to Boyko-Romanovsky, is a “amazing example of a decentralized solution for Ethereum,” according to TBEN.


“The greater the number of services like this, the greater the number of use cases Ethereum may have, and the greater the number of people who will respect decentralization.”

Wow! Minipool slots in stage two of the Rocket Pool launch maxed out in less than a minute!
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.

— Rocket Pool (@Rocket_Pool) November 10, 2021


Previous Post

The City of Philadelphia Unveils its Own Blockchain Initiative

Next Post

Bitcoin, Ethereum Decline Continues after Hitting All-Time High of $69,044

Related Posts

kazakhstan-unveils-solana-economic-zone

Kazakhstan Unveils Solana Economic Zone for Web3 Growth

by Kelly Cromley
Jun 23, 2025
0

Kazakhstan has formally introduced the Solana Economic Zone Kazakhstan (SEZ KZ), becoming the first country in Central Asia to establish...

space-id-partners-with-enkrypt-wallet

SPACE ID and Enkrypt Simplify Crypto Transfers via Web3 Domains

by Kelly Cromley
Jun 23, 2025
0

SPACE ID has expanded its service capabilities through a strategic integration with the Enkrypt wallet, aiming to streamline crypto transactions...

iost-signet-ring-biometric-wearable

Biometric wearables, decentralized IDs, and passkey tools reshape digital trust

by Kelly Cromley
Jun 23, 2025
0

The evolving Web3 landscape is witnessing a growing emphasis on digital identity technologies, especially as a response to rising concerns...

arichain-partners-with-hero

Arichain and HERO Partner to Reinvent Web3 User Experience

by Kelly Cromley
Jun 23, 2025
0

Arichain, a decentralized platform recognized for its developer-centric infrastructure and scalability, has embarked on a strategic collaboration with HERO, a...

web3-decision-partners-with-arichain

Web3 Decision and Arichain Unite to Empower Decentralized Future

by Kelly Cromley
Jun 23, 2025
0

Web3 Decision, a recognized provider of AI-driven and quantum-secure technologies for blockchain applications, has launched a strategic partnership with Arichain,...

filecoin-partners-with-avalanche

Filecoin-Avalanche Pact Unlocks Multi-Chain Storage Power

by Kelly Cromley
Jun 23, 2025
0

In a key development for the blockchain ecosystem, Filecoin and Avalanche have unveiled a strategic collaboration aimed at creating a...

Next Post
Bitcoin, Ethereum Decline Continues after Hitting All-Time High of $69,044

Bitcoin, Ethereum Decline Continues after Hitting All-Time High of $69,044

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

kazakhstan-unveils-solana-economic-zone
Market News

Kazakhstan Unveils Solana Economic Zone for Web3 Growth

by Kelly Cromley
Jun 23, 2025
space-id-partners-with-enkrypt-wallet
Market News

SPACE ID and Enkrypt Simplify Crypto Transfers via Web3 Domains

by Kelly Cromley
Jun 23, 2025
iost-signet-ring-biometric-wearable
Market News

Biometric wearables, decentralized IDs, and passkey tools reshape digital trust

by Kelly Cromley
Jun 23, 2025
arichain-partners-with-hero
Market News

Arichain and HERO Partner to Reinvent Web3 User Experience

by Kelly Cromley
Jun 23, 2025
web3-decision-partners-with-arichain
Market News

Web3 Decision and Arichain Unite to Empower Decentralized Future

by Kelly Cromley
Jun 23, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree