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Topic: Ethereum 2.0 rollout report released by binance - page 2. (Read 260 times)

legendary
Activity: 1424
Merit: 1008
Really great to hear that news about ethereum 2.0 from binance, now I clearly understand about what big difference is going to happen once ethereum 2.0 going to be lunch next year. So this is the best time to buy ETH and planing to do POS in future.
sr. member
Activity: 861
Merit: 253
SmartFi - EARN, LEND & TRADE
I really like Ethereum, I am always happy to hear good news about it. The king of altcoins will soon prove to everyone again that he is the best of altcoins. I think we need to buy more ETH.
member
Activity: 728
Merit: 11
https://streamies.io/
Do you guys think this is ironic?
We know that Binance has been removing tokens operating on Ethereum's platform on the platform.
So why are they saying so well about Ethereum? Is this conspiracy theories for manipulation? They have a lot of money and good conditions to do this. what do you think ?
sr. member
Activity: 644
Merit: 260
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
Everyone is excited about ETH staking with the upcoming launch of ETH 2.0. If binance will support the staking function, other major exchanges will follow suit and that will be amazing. I'm looking forward to see more official updates on ETH 2.0 since right now many are just giving assumptions about it, some saying we need 32ETH in order to stake which might be true anyway. I hope this will be a new dawn for Ethereum.
full member
Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

This is exactly why claims that Ethereum will be killed are nonsense. With Ethereum 2.0, it will be years before any projects comes close to being as big and trusted as ETH. I'm quite interested in seeing what ETH will eventually evolve into.
sr. member
Activity: 1151
Merit: 260
☆Gaget-Pack☆
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
Sounds like great news, though I still don't quite understand fully how the implementation and methodology behind Ethereum staking yet, but I did watch a video or two about it. Everyone is excited and has been saying that we've finally returned to a Bull market, I wouldn't put all of my eggs into just one basket of course! The price of Bitcoin went up a little and so naturally some alt coins were soon to follow. I doubt I have enough Ethereum for it even to be worthwhile staking, but for the people that will benefit, Kudos! Hopefully the Bull will stay here for a little while!
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I guess you mean the total staking value(and not market capitalization) in Crypto world will increase to $16billion.

$8billion worth of cryptocurrencies are being staked currently. So Ethereum switching to proof of stake will double the amount according to binance.
I wonder where the additional $8billion will come from. I think it is possible though,  but it's likely a long term thing.
The binance report said if that value will come from ethereum. I can assume if the writer is taking half of the currency circulating supply will be going to the staking address after POS migration.
I think that makes sense consider the total mcap of ethereum itself around 20 billion.
that's just an assumption that has already made by binance but the real implementation will be very different from it.
We can take the average coin that staked in the network from stakingreward site and a lot of big coins are getting more than 50% of coins already staked as the result.
In additional ethereum POS is offering an excellent reward and I think the price of ethereum will increase significantly.
Ucy
sr. member
Activity: 2576
Merit: 401
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I guess you mean the total staking value(and not market capitalization) in Crypto world will increase to $16billion.

$8billion worth of cryptocurrencies are being staked currently. So Ethereum switching to proof of stake will double the amount according to binance.
I wonder where the additional $8billion will come from. I think it is possible though,  but it's likely a long term thing.
member
Activity: 252
Merit: 13
CryptoTalk.Org - Get Paid for every Post!
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

Job well done by the Ethereum devs, this has been a long time coming and even though it has been delayed for years now, it will still make a significant impact on the way ETH and proof-of-stake blockchains operate. It's quite exciting to imagine how much higher the value of ETH will rise when that happens.

I'm buying more ETH now before the hype train leaves!
newbie
Activity: 145
Merit: 0
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
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