How to stake/validate in Ethereum 2.0! (A Deep Dive)

Ethereum 2.0 is finally on its way with the beacon chain launch in December 2020 as part of Phase 0 of the roadmap. Since we’re moving to Proof of Stake, all of us as Ethereum investors will be able to participate in securing the network and earn ETH rewards for doing so. This process is called validating or being a validator for the network. If you’re like me, you’ve heard of the validation process before but haven’t looked into it closely — what’s involved, what hardware/software requirements there are, what penalties and rewards should we know about, what is the step by step process, how to interact with the Ethereum 2.0 Launchpad, other options for staking if you have less than 32 ETH or don’t want to go through the hassle of running a full uptime validator node, etc. Then please give this video a watch because I’ll dive DEEP into this topic and let you know all the relevant details!

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Timestamps:
0:00 Intro
1:17 Quick ETH2.0 Recap
2:11 What is a validator
3:09 Beacon chain explained
4:33 Requirements to be one
5:21 What you need to download
6:25 Step by step process
7:25 Crypto.com shout out
8:02 What happen’s next (waiting)
8:32 Rewards and penalties
9:40 Risks you should know
10:18 Other important things to know
11:06 Stake with pools or exchanges
11:42 Kevin’s final thoughts

#Ethereum #ETH2 #Validator

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