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Eth2 Genesis is coming!

On the morning of November 24th, the minimum staking requirement for Eth2 Genesis (requiring 16,384 validators to stake 524,288 ETH) has been reached. You can view the specific staking information on Launchpad: https://launchpad.ethereum.org. According to the Ethereum Blog announcement, Eth2 Genesis will take place on December 1, 2020 at 20:00.

Prior to the release of the Eth2 deposit contract, ECN has compiled information related to Eth2 Staking, including:

- Validator tutorial series (including video tutorials)- Staking basics series- Browser lists- Eth2 clients- Translated version of Eth2 Launchpad- Frequently asked questions for validators- Other learning resources

Staking service providers

beaconcha.in has summarized some staking service providers, including their fee standards and hosting forms. For more details, please refer to: https://beaconcha.in/stakingServices.

stakingrewards.com has summarized various staking solutions, including exchanges, lending platforms, staking pools, validator services (UI and API solutions), pre-configured validator nodes, and running your own node. The summary is available in a translated version.

Ethstaker FAQ

Note: This FAQ was originally published by u/LamboshiNakaghini on reddit/ethstaker and was published before the roadmap change. Therefore, some ambiguous questions have been removed. This FAQ does not contain information about roadmap changes.

Q: Why do we need multiple clients? What are the differences between clients?

A: Multiple clients increase network resilience. If one client encounters a bug and stops working, the network can still operate. The main difference between these clients is the programming language they are written in. If there are four clients running, it's like having four checks to verify the validity of each block.

Q: Can I store my keys in a hardware wallet?

A: The support for hardware wallets is still uncertain, but Ledger has updated its specifications to support Eth2 keys. In the future, it is highly probable that hardware wallet support for Eth2 will be available.

Q: What is the annualized percentage yield (APY) for staking?

A: The total APY you receive depends on the total amount of ETH staked on the network. You can use the following website to calculate how the total amount of staked ETH affects your yield: https://beaconcha.in/calculator. Currently, the predicted APY is 7-10%, but it is just a prediction.

Q: How do I generate and save my keys?

A: The best way to generate keys is through the Ethereum Foundation Launchpad. You can protect your withdrawal key by saving your mnemonic phrase offline, either on paper or by engraving it on a steel plate similar to an Eth1 key. You can protect your validator key by ensuring that your computer is securely set up.

Q: What happens if I go offline? Will I be penalized?

A: Penalties and inactivity leaks are two different types of penalties. If you intentionally submit an incorrect vote, you will be penalized. If you go offline, you will experience inactivity leaks. Inactivity leaks have a minimal impact and are approximately equal to the rewards you receive while being online.

Q: Do I always need to run an Eth1 node to run an Eth2 validator node?

A: Until the Eth1 to Eth2 merge, you need to run an Eth1 node

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