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Showing posts with the label eth staking

Ethereum Dev Finds Issue Ahead Of Shanghai's Shapella Upgrade

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Other clients also reported the same issue. VanDerWijden said the team found that Go Ethereum (Geth) client nodes facing difficulty syncing with the Zhejiang testnet. advertisement “The last 4 and a half stressful hours of debugging culminated in this amazing bug fix. We got reports that geth nodes wouldn’t sync the Zhejiang devnet correctly. The issue was that if a block body was empty (no tx, no withdrawals) we wouldn’t initialize it correctly.” However, developers believe the problem can be fixed with a patch as it’s fairly easy to test. In addition, core developer Tim Beiko asserts an additional Hive test is proposed for ensuring the issue is resolved correctly. Interestingly, Ethereum core developers think the issue likely will not impact the Sepolia upgrade scheduled on February 28 at 4 AM UTC. The client releases for the upgrade and blog on the same will be announced early next week. Trending Stories ...

Bitstamp to Discontinue ETH Staking in US from September

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Crypto staking refers to the practice of earning rewards by committing tokens to support the operation of a blockchain. Ethereum started offering ETH staking in December 2020, much before the blockchain transitioned to a Proof-of-Stake (PoS) network. However, the SEC considers certain products related to staking as unregistered securities. advertisement Bobby Zagotta, CEO of Bitstamp US, mentioned that customers will continue to receive staking rewards until September 25, 2023. After this date, all staked assets will be unstaked, and both rewards and principal will be added to users’ primary Bitstamp account balances. The usual duration for this procedure is a few days, though it might be extended based on network circumstances. The company is closing its staking Features because of the regulations in the US. Zagotta said that Bitstamp is a highly regulated and reliable exchange. They have a system in place to regularly check the services they offer and ...