Ethereum 2.0: The Choice Between One’s Own Node and a Staking Service

Cointelegraph

Published Jun 14, 2020 08:31AM ET

Updated Jun 14, 2020 10:20AM ET

As the Ethereum 2.0 upgrade approaches, users have been showing an increasing interest in the staking process, which would allow them to make a passive income by validating the new network.

This is evidenced by the growing number of Ether (ETH) wallets and ETH deposits on cryptocurrency exchanges. According to a recent report published by analytical company Arcane Research, the number of Ethereum wallets containing 32 ETH or more — the minimum amount of coins needed to run the staking node — have increased by 13% over the year, and the number of “Ethereum 2.0” Google (NASDAQ:GOOGL) search queries have grown by around six times since March.

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