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Author Topic: Ethereum 2.0 Validators to Enjoy Up to 10% in Staking Returns  (Read 161 times)
BlindBySoap (OP)
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October 25, 2019, 10:30:02 PM
 #1

Hi All,

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Interested to hear from you all!

Best,

BBS
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October 25, 2019, 11:10:36 PM
 #2

It looks like legit news but the question is this already confirmed by the ethereum's member? As far as I know, there are some sources that stated how much percentage for the validators and these sources are having a different result.
I'll try to mention an article and it has a different result with yours
https://www.theblockcrypto.com/linked/20435/vitalik-upcoming-eth-pos-algorithm-will-adopt-higher-staking-rewards

it looks like we need more confirmation regarding it.

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BlindBySoap (OP)
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October 25, 2019, 11:14:31 PM
 #3

Yeah definitely agree about having some actual definitive confirmation. Also, 4-10% is quite a large margin. But, I do think of course 32 ETH is the definitive req for validating.

Best,

BBS
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October 25, 2019, 11:15:30 PM
 #4

Good News, I really think this would get more attention and people gonna dump their other altcoins to get a decent stake.
Binance and other Exchange who has a staking program would gonna jump all over it.
Positive for long-term hodlers.
BlindBySoap (OP)
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October 25, 2019, 11:20:16 PM
 #5

Agreed w/ dumping of altcoins. For the whole year I've been mostly BTC and ETH, w/ some sprinkles of DCR and a few smaller privacy coins. But, I think it's a big step for just getting general users on board, as the average user isn't enticed by [insert altcoin staking rewards] when they only know how to use Coinbase, etc...
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October 26, 2019, 01:55:37 AM
 #6

Hi All,

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Interested to hear from you all!

Best,

BBS

the only people that are mad ETH is going PoS is the ones with millions invested in GPU mining
its RIP for those guys, and they know it, as all the hashpower will goto other coins completely saturating all other mineable alts
gonna be a bloodbath.
but: PoW is a waste of energy if PoS can secure a network just as well, i look forward to Eth 2.0 personally

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October 26, 2019, 02:21:56 AM
 #7

Hi All,

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Interested to hear from you all!

Best,

BBS

the only people that are mad ETH is going PoS is the ones with millions invested in GPU mining
its RIP for those guys, and they know it, as all the hashpower will goto other coins completely saturating all other mineable alts
gonna be a bloodbath.
but: PoW is a waste of energy if PoS can secure a network just as well, i look forward to Eth 2.0 personally

I agree, they know that their investments are going to zero when ETH 2.0 will go forward as plan. But we all know that nothing is permanent here in crypto and everything evolves.

As far as ETH 2.0 goes though, we shall see, this has project has been in their pipeline for so long that it should be released because everyone is looking for something that will turn ETH around, and this could be the one.

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Periodik
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October 26, 2019, 03:03:46 AM
 #8

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Those who are saying that ETH 2.0 is just as bad or worse than ETH 1 are plain Ethereum haters. They will never see the beauty of Ethereum in whatever angle they look at it. Ethereum has haters from the time it split with Ethereum Classic, and even before that. Bitcoin purists hate all altcoins. But I don't and I seriously think that PoS is the way to go and 10% is an attractive stake. There will be a spike of ETH demand due to this.
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October 26, 2019, 03:24:18 AM
 #9

Hi All,

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Interested to hear from you all!

Best,

BBS
how can it be worse when costs are bound to fall because we use PoS and there's no basis for gas fees to rise. Besides, PoS always works better than PoW, the staking system works very well and transactions are transferred very quickly. I used to use coins with PoS systems like CS, Bitcoin2 and everything was great. Ethereum 2.0 will certainly grow very strongly in the future. Let's fomo to get big profit.

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October 26, 2019, 03:38:59 AM
 #10

Time to buy some ETH while it's cheap enough to create a Ethereum node.
32 ETH (~ $6000) is not so expensive.
Are there any specific hardware requirements for maintaining a node?
In particular, what size of disk space is required.
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October 26, 2019, 04:32:56 AM
 #11

I think 10% is just normal range about this so called staking returns. This kind of strategy has been employed by a lot of projects as well to prevent sudden dump of their tokens in the market.

But we are talking about ETH here, the most dominate alts in the market despite the price way below its previous high. Of course, it will received a lot of backlash specially for those miners who have invested so much on getting gears to mine the coins and suddenly ETH change its position as it is going POS now.
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October 26, 2019, 05:22:00 AM
 #12

Hi All,

Just curious as to what everyone's thoughts were about ETH 2.0. I know there has been quite some backlash, with some Crypto Twitter folk calling it "just as bad or worse than ETH1." Is anyone gearing up to become a validator? This article goes into further detail about it: https://blockchainseo.net/ethereum-2-validators-10-staking-returns/

Interested to hear from you all!

Best,

BBS
10% annual staking reward is fair to me, seriously i never expected anything more than this from the upgrade, this is legit staking reward and better than those staking projects that gives 10% monthly and exit scam when the time is right, ETH haters are still gonna hate anyways
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October 26, 2019, 06:25:09 AM
Merited by ivan1975 (1)
 #13

Time to buy some ETH while it's cheap enough to create a Ethereum node.
32 ETH (~ $6000) is not so expensive.
Are there any specific hardware requirements for maintaining a node?
In particular, what size of disk space is required.

The requirement has not been announced yet if you want to follow their latest update you can find almost all of the information in here:
https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/proof-of-stake/

introduction, specification and the detail about the upgrade.
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October 26, 2019, 09:03:30 AM
 #14

2.0 is just a desperate trick they are trying to pull in order to try and revive their failed project into a big pump. i think they may succeed in pumping it for a short time but then there will be an even bigger dump that can lead to a disaster even the sudden death of ethereum.

for example this case here with 10% profit for doing absolutely nothing except being a whale is the worst decision they could have made for the project but the best decision for a short term pump. in long term that unreasonable and free out of thin air profit will kill any project thanks to all the dumps.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 26, 2019, 09:27:30 AM
 #15

Eth have good price already, staking 32eth for 10percent profit annually is really not bad at all, i think this will attract more investors, it is a trusted project compare to other projects and i basically like holding coins and gaining something back while holding, good move

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October 26, 2019, 09:35:33 AM
 #16

10 percent is a good number than saving your money through banks. but the staking takes a year. how is that? once a year they will give the stakes?
or there is another option like what we have with NEO staking for gas?
I hope they release more information about this! January 3, 2020, then I am expecting the rise before the year ends.

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October 26, 2019, 10:20:57 AM
 #17

10 percent is a good number than saving your money through banks. but the staking takes a year. how is that? once a year they will give the stakes?
or there is another option like what we have with NEO staking for gas?
I hope they release more information about this! January 3, 2020, then I am expecting the rise before the year ends.
I don't think peice can be sustained if they make it 10% annually.
The price will increase in hype only but for long term no it hard for them to give that reward without sacrificing the price of ETH. Unless there new more demand created. I mean idea to add another use of ETH.
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