• Home

  • Promos

  • News

  • Media

News

01 February 2024
Solo ETH Staking Key to 'Atomic Generational Wealth'

Solo ETH Staking Key to 'Atomic Generational Wealth'

Solo staking Ether from home could cost over $70,000 upfront but helps make Ethereum more decentralized and valuable long-term, argues Ethereum core developer Superphiz. He believes solo ETH staking should be the "gold standard" and can generate "atomic generational wealth" for families running validators for decades.

Superphiz says while third-party staking services have lower barriers to entry, they contribute to centralization by pooling user funds under centralized control. He argues the high cost of solo staking pays off through improved decentralization and confidence in Ethereum.

"If you have $75K of Ether, you already have a deep investment in the platform; I feel most of these folks can spend a Saturday and watch a 30-minute staking video and get a validator operating," Superphiz said.

True decentralization gives governments, corporations, and users confidence to operate on Ethereum, he added. While not all can afford 32 ETH to stake solo, Superphiz believes many ETH investors can make the transition and contribute to network security.

Recommended to read

Real Madrid Defeats Mallorca 3-0 to Secure Spanish Super Cup Final Spot Against Barcelona
7ヶ月前

Real Madrid Defeats Mallorca 3-0 to Secure Spanish Super Cup Final Spot Against Barcelona

Real Madrid triumphed over Mallorca 3-0 in the Spanish Super Cup semi-final, with standout performances from Bellingham and Vinicius, and now faces Ba...

Read more
SBI Holdings Reveals Plan for Japan’s First Bitcoin-XRP Dual ETF, Eyes Gold-Crypto Trusts
1ヶ月前

SBI Holdings Reveals Plan for Japan’s First Bitcoin-XRP Dual ETF, Eyes Gold-Crypto Trusts

SBI Holdings has announced plans to launch Japan’s first Bitcoin-XRP ETF and a hybrid gold-crypto investment trust, pending regulatory approval.

Read more
Central Bank Digital Currencies (CBDCs): The Government-Controlled Cryptocurrency Revolution
1ヶ月前

Central Bank Digital Currencies (CBDCs): The Government-Controlled Cryptocurrency Revolution

In our recent Fact or Fiction challenge, we asked: "Are governments really creating digital versions of their currencies on blockchain, enabling inst...

Read more

Get K8 Airdrop update!

Join our subscribers list to get latest news and updates about our promos delivered directly to your inbox.