Proof-of-Stake


Tech

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days

It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.

(Robert Daly/Getty Images)

Tech

Aptos Introduces Delegated Staking to Increase Participation in Staking on Network

The new feature will allow users to reap staking rewards without requiring them to serve as validators for the blockchain’s transactions. 

An Aptos-branded hat. (Danny Nelson/CoinDesk)

Tech

Solana’s Annual Carbon Footprint Equals 18062 Flights From London to New York

A new, real-time dashboard set up by the Solana Foundation purporting to show how relatively little carbon the smart contracts platform is emitting – at a time when the energy usage of Bitcoin and other blockchains is under scrutiny.

A trash installation at a Solana hacker house. (Danny Nelson/CoinDesk)

Tech

CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back

Following last week's milestone Shanghai upgrade, we moved to wind down CoinDesk's Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he's taken.

Legend of Zelda. (Nintendo)

Tech

Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait

Validators looking to fully exit the chain could be looking at a wait of up to 14 days to get their crypto back, according to Rated Network's explorer.

Traffic (Creative Commons)

Tech

Ethereum’s Shanghai Upgrade Is Complete, Starting New Era of Staking Withdrawals

The upgrade on the blockchain, also known as "Shapella," was triggered at 22:27 UTC, and the network is now processing withdrawal requests.

(DALL-E/CoinDesk)

Tech

Only a Tiny Amount of ETH Is Poised to Be Withdrawn After Ethereum Shanghai Upgrade, Nansen Says

Less than 1% of previously staked ETH is in the queue waiting to be withdrawn.

(Dall-E/CoinDesk)

Tech

LIVE BLOG: Ethereum's Shanghai Upgrade

CoinDesk reporters and editors chronicle the first-ever activation of withdrawals from the Ethereum staking mechanism, set for Wednesday at 6:27 p.m. ET (22:27 UTC). We've got the play-by-play on Shanghai – also known as "Shapella" – from what we're seeing on the blockchain and at the watch parties.

Crowds walk below neon signs on Nanjing Road, Shanghai, China. (Getty Images)

Tech

Ethereum's Shanghai Upgrade on Deck; Developers, Traders Aflutter With Anticipation

Developers and crypto market analysts are getting in their final words before staked ETH withdrawals are activated.

(Getty Images)

Videos

CFTC Names Crypto Leaders From Circle, TRM Labs, Fireblocks Among Others to New Tech Advisory Group

The Commodity Futures Trading Commission (CFTC) has named former White House official Carole House to chair the newly-formed tech advisory group with members that include executives from Circle, TRM Labs and Fireblocks. House joins "First Mover" to discuss her outlook for the group's approach to crypto regulation and reaction to SEC Chairman Gary Gensler suggesting again that proof-of-stake tokens are securities.

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