Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»What it means for networks
ETHEREUM NEWS

What it means for networks

By Crypto FlexsMarch 30, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
What it means for networks
Share
Facebook Twitter LinkedIn Pinterest Email

The Ethereum network saw a surge as the number of validators approached 1 million.

On-chain data from the Beacon Chain and Ethereum validator queue shows the number of active validators at 979,686. However, a Dune Analytics dashboard curated by Dragonfly analyst Hildobby puts the network’s total number at more than 1 million.

Ethereum active validator. (Source: Beaconcha.in)

These validators held a total of 31.36 million ETH, accounting for approximately 26% of the total supply of digital assets.

Notably, most of these validators staked their assets through Lido, a liquid staking platform that accounts for approximately 30% of staked ETH, according to Nansen data.

Ethereum validators play an important role in keeping the network secure through the proof-of-stake mechanism. To participate, they stake at least 32 ETH and are rewarded with a portion of ETH in return.

As a result, an increase in the number of validators means a strengthened network and reflects the improved security of the blockchain.

Meanwhile, this milestone is especially significant amid the surge in validator interest, evidenced by the growing queue of over 10,000 validators waiting to enter the network. This is the highest this year. This waiting list is worth over 320,000 ETH, or $1.1 billion, and is expected to be completed within the next 7 days.

Decentralized Staking

Ethereum co-founder Vitalik Buterin recently put forward a proposal to improve the network’s staking mechanism.

In his blog post, Buterin outlined his plan to impose a penalty proportional to the average failure rate of validators. This move addresses the inherent advantage that larger ETH stakes have over smaller stakes.

Buterin also recommended stricter penalties for simultaneous failures among multiple validators controlled by a company.

According to him:

“One strategy to encourage better decentralization in protocols is: penalize correlation. That is, if one actor misbehaves (including by accident), the more other actors misbehave at the same time (measured in total ETH), the greater the penalty they receive.”

Buterin argued that the move would encourage larger companies to diversify their operations, making widespread network failures less likely.

Mentioned in this article
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trump’s pressure on the Fed pushes 15B to ETF, ‘under positioning’ Bitcoin Bull ‘

July 10, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Ethereum Dev Zack Cole starts an initiative for the ‘Tokenless’ project.

July 2, 2025
Add A Comment

Comments are closed.

Recent Posts

Trump’s pressure on the Fed pushes 15B to ETF, ‘under positioning’ Bitcoin Bull ‘

July 10, 2025

Why Ether can increase to 3K this week: The main reason is explained.

July 10, 2025

NovaEx Launches With A Security-First Crypto Trading Platform Offering Deep Liquidity And Institutional-Grade Infrastructure

July 10, 2025

The PBK Miner uses XRP mining to start a stable and efficient income method to easily earn $ 18,000 a day.

July 10, 2025

Status Unveils First Gasless L2 On Linea With 100% Community Yield Allocation Mechanism

July 9, 2025

Stable for digital recovery and inheritance

July 9, 2025

Ushering In A New Era For Bitcoin DeFi

July 9, 2025

MultiBank Group Announces Early Access Waitlist For Pioneering $MBG Token

July 9, 2025

NEXBRIDGE And NEXPLACE Raise $8M Series A To Launch Integrated Bitcoin Capital Markets Ecosystem

July 9, 2025

Bybit Unveils Bold New Brand Identity With #IMakeIt Campaign — Ushering In A New Era For 70M+ Global Users

July 9, 2025

Find Mining Cloud Mining Helps Steady Asset Appreciation

July 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Trump’s pressure on the Fed pushes 15B to ETF, ‘under positioning’ Bitcoin Bull ‘

July 10, 2025

Why Ether can increase to 3K this week: The main reason is explained.

July 10, 2025

NovaEx Launches With A Security-First Crypto Trading Platform Offering Deep Liquidity And Institutional-Grade Infrastructure

July 10, 2025
Most Popular

AIXA Miner 2025 | AI-Driven Dogecoin Cloud Mining For Stable Daily Passive Income

June 24, 2025

Wormhole Price Prediction: W Plunges 40% in One Week as Traders Send Over $10 Million SOL to New Solana Meme Coin Slotthana.

April 8, 2024

The Future of Work: Exploring the Blockchain Revolution

January 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.