Stalking ETH 2.0

[davidcarpediem]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

[DaMut]

Of course it is worth it because Binance has some similarities with Ethereum.
ETH 2.0 means to be upgrade for Ethereum, it will bring a lot of improvements to the network. If they are successfully running it that means the upgrade does bring something good for the project, then why not follow it and do the same thing too since it is also good for their own.
what is the con for doing something like this? not being the original? I do not know.

[JeffBrad12]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

The only thing that makes me con with it consider it was offering very small APY. You can earn very small amount through staking ethereum. This makes me feel as if I can do that even better when I was sticking into another POS coin.
that's the only cons that I faced on ethereum staking and that will make it's not worth wasting a lot of our time for small APY.

[Flowzer]

Do you mean Staking?
Staking in ETH is have difference than Staking in some project, the staking not only benefit the stakers but also the network since the staking process is securing and powerize the network.
So, theoritically with so many ETH locked by Staking process will lowering the supply of the coin in the market, securing the network, and probably make the price rising stablely.

[davidcarpediem]

Do you mean Staking?
Staking in ETH is have difference than Staking in some project, the staking not only benefit the stakers but also the network since the staking process is securing and powerize the network.
So, theoritically with so many ETH locked by Staking process will lowering the supply of the coin in the market, securing the network, and probably make the price rising stablely.

Of course it is worth it because Binance has some similarities with Ethereum.
ETH 2.0 means to be upgrade for Ethereum, it will bring a lot of improvements to the network. If they are successfully running it that means the upgrade does bring something good for the project, then why not follow it and do the same thing too since it is also good for their own.
what is the con for doing something like this? not being the original? I do not know.

THANKS  have done with 16 ETH... not a lot but will see , but better than nothing . enjoy guys carpediem

[Wahyuihib]

staking is a program that every user loves. because only by risking the number of coins we have. then we will get results without having to do anything

[batang_bitcoin]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

Not worth it. Wait until you get to stake through your wallet which you hold your private keys. You cannot withdraw it once you're into it.
Read the rules of Binance: https://www.binance.com/en/support/announcement/a640a714e067433abae871f6b621836f

[Dollar_Hunter]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

I think ETH 2.0 staking is a very recommendation to be able to get passive income, moreover ETH is not a bad coin,
indeed now mining ETH can't be done anymore, because they switched to a better algorithm for investors, yup POS is the best now,
it's not complicated and it is very easy to use for a beginner, just staking and you get money every day, simple,
I support ETH 2.0 and I hope this will make ETH prices even more bullish.

[Flowzer]

Do you mean Staking?
Staking in ETH is have difference than Staking in some project, the staking not only benefit the stakers but also the network since the staking process is securing and powerize the network.
So, theoritically with so many ETH locked by Staking process will lowering the supply of the coin in the market, securing the network, and probably make the price rising stablely.

Of course it is worth it because Binance has some similarities with Ethereum.
ETH 2.0 means to be upgrade for Ethereum, it will bring a lot of improvements to the network. If they are successfully running it that means the upgrade does bring something good for the project, then why not follow it and do the same thing too since it is also good for their own.
what is the con for doing something like this? not being the original? I do not know.

THANKS  have done with 16 ETH... not a lot but will see , but better than nothing . enjoy guys carpediem

Where u do that, as far as i know the staking program didnt start yet and the early adopter of staking program only lock the coin for nothing until its started.

[goaldigger]

Staking allows you to earn money while you are holding the specific project so that’s a great passive income from doing nothing at all. The ETH 2.0 updates works on many things and not just on staking, so I believe this is worth it because we’re talking about the top altcoin here and ETH always do its best to remain on top and to remain a valuable coin.

[RACToriginal]

Proof-of-stake is much better than proof-of-work . It's ambient friendly and accesible to everyone . There's a lot of controversy about the bitcoin minning , people who don't like bitcoin invokes bitcoin minning as an enemy to the planet because of it's high energy consumtion and it's getting worst because the efficiency of minning is decreasing , because the dificulty is always rising.

[janggernaut]

THANKS  have done with 16 ETH... not a lot but will see , but better than nothing . enjoy guys carpediem

Wait, why did you able to stake with 16 ETH only? From what i have known and heard before, mininum ETH we needed to become a validator to join in ETH 2.0 staking is 32 ETH, as described on here

Staking is the act of depositing 32 ETH to activate validator software. As a validator you’ll be responsible for storing data, processing transactions, and adding new blocks to the blockchain. This will keep Ethereum secure for everyone and earn you new ETH in the process. This process, known as proof-of-stake, is being introduced by the Beacon Chain. More on the Beacon Chain

https://ethereum.org/en/eth2/staking/#stake

[tygeade]

When OP said binance staking ETH, I didn't really get us putting our ETH into binance so that it will be staked, thats called stakepool and many people get together and stake ETH, even if they have less than 32 minimum required, that helps a lot. However one thing I am not really sure about is, what happens to ETH that is not staked in binance? Anyone considered that?

I am sure that it could be tracked so they need to be very careful and not do anything risky, but I think it would be very profitable for them to stake that as well, think about it, they probably have at least a billion dollars from that, it would mean they could make more than 50 million dollars per year just from staking one billion dollars worth of ETH, they probably have even more as well. They may not need extra money because they are already rich but who could say not to 50+ million dollars per year?

[blockman]

Change the title into "Staking" not stalking because they are two different words and others might find it feel odd if there's really a feature like "stalking".

Staking allows you to earn money while you are holding the specific project so that’s a great passive income from doing nothing at all. The ETH 2.0 updates works on many things and not just on staking, so I believe this is worth it because we’re talking about the top altcoin here and ETH always do its best to remain on top and to remain a valuable coin.

It is only worth it if ETH already allows you to stake through your own wallets and don't have to send it to exchanges.

[el kaka22]

I think binance will definitely allow people to stake ethereum with their money there, after all if I am putting all my ETH in there, and binance stakes it for themselves, then I would simply remove it and stake it either myself or put it in a pool and stake there, which means that if binance does this, they will lose a lot of customers and money and the amount of eth on their website will grow constantly smaller and smaller for a long time until it is very tiny, even for binance. That is why they will definitely make sure that people could stake ETH on their website, maybe not on day 1 but they will eventually get there and create a staking pool for sure.

They are already doing that with BNB right now, it is not a proof of stake coin but even with that people are still staking it as in defi style and that is not a bad idea to add more coins there for binance neither.

[cabron]

When staking that means you could take part in the consensus voting, do you think that if Binance will have more users staking on them and that it will lead to forking just like what they did to Steem? 51% attack could be possible.

One con I believe and I'm just saying this because I haven't tried staking in binance but they allow 30-60-90 days for some tokens which you can't unstake anytime.

[Johnyz]

Since ETH is a large market I'm sure not everyone can stake, and maybe very few hodlers will be able to do so and if you're lucky enough making profit is too easy for you. Anyway, my concern with ETH right now is not staking, but on their gas fees, BSC are more cheap compare to ETH and if they didn't work with this one, then staking might be useless in the future.

[darmin]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

Better staking cake coin, I think more profitable than Eth 2.0. If you want to participate in Eth 2.0, it is better to wait for the Ethereum coin to experience a correction first, currently the price of Eth is still fairly high. It's not yet time to put your funds on Eth this time. I am confident that the eth 2.0 project will bring a very big update later. Analyze to find out when is the right time to store this coin.

[Wahyuihib]

what do you think of binance stalking ETH 2.0 ?
worth it ?
if you could give me your pro and con

Better staking cake coin, I think more profitable than Eth 2.0. If you want to participate in Eth 2.0, it is better to wait for the Ethereum coin to experience a correction first, currently the price of Eth is still fairly high. It's not yet time to put your funds on Eth this time. I am confident that the eth 2.0 project will bring a very big update later. Analyze to find out when is the right time to store this coin.

Yes that's right..knowing the strategy about staking is very important. because currently staking eth is very profitable. but on the other hand the cost to claim eth itself is very large. so it's true that cake coins are more profitable this time

[Ten98]

Yes that's right..knowing the strategy about staking is very important. because currently staking eth is very profitable. but on the other hand the cost to claim eth itself is very large. so it's true that cake coins are more profitable this time

Cake coins do look often profitable when used in terms of Staking and always have a lower cost when making a claim, so Cake besides being a very good coin is also a very suitable coin for staking programs.