Summer of Ethereum·Ethereum 2.0 Staking Online Forum Successfully Concluded
With the successful launch of the Ethereum 2.0 Medalla testnet on August 4, 2020, the Ethereum 2.0 mainnet is getting closer and closer to us. Ethereum 2.0 is about to switch to the Staking mining mode. What new ways will it bring and what will happen? What new market opportunities have emerged?
HuobiHuobiA large number of industry leaders from Mining Pool, OKEx Mining Pool, Xinghuo Mining Pool, KuCoin, HashQuark, imToken, Bitpie, TokenInsight, Ethfans, ECN Ethereum Chinese Community and other organizations participated and chatted with you about Ethereum 2.0 Staking related topics .
In the first part of the forum, Rudy Lu, marketing director of InfStones, delivered a keynote speech entitled "Ethereum 2.0 Staking Overview", introducing the overall situation of Ethereum 2.0 and the characteristics of the Ethereum 2.0 Staking model. Participating in Staking must Key points and risks to know, and possible future market opportunities.
Rudy Lu said in his speech that Ethereum 2.0 will switch from PoW consensus to PoS consensus, and the mining mode will be switched from mining machine mining to Staking, which will greatly expand the existing Staking market. According to the data of StakingRewards, the total market value of staking coins is currently 40 billion US dollars, while the market value of Ethereum itself is 46 billion US dollars. Therefore, after Ethereum switches to PoS, the current market value of staking market will directly double, which will bring great benefits. Big market opportunity.
image description
Interpretation of Ethereum 2.0 Economic Model and Staking Return Rate
Afterwards, guests from the seven major mining pools conducted a session titled "Will Ethereum 2.0 Detonate the Staking Market?" 》The roundtable discussion, the guests participating in the discussion include: Rudy Lu, marketing director of InfStones, Guo Shiqing, head of operation of Binance mining pool, Ding Yuan, head of PoS of Huobi mining pool, Lin Han, director of operation of OKEx mining pool, Alicia, senior partner of Kucoin, Uncle Miao, Chief Technical Researcher of Spark Mining Pool ETH2.0 and Dora, CMO of Hashquark.
HuobiHuobiHuobiHuobiDing Yuan, head of PoS at the mining pool, said that there are liquidity and stability risks in Ethereum 2.0 staking, and exchanges can provide users with better user experience and asset protection through their own resources and technology. Lin Han, Director of OKEx Mining Pool Operations, said that Ethereum 2.0 pursues a higher degree of decentralization and participation in staking. In addition to launching its own products, OKEx has also been engaged in related science education work to help users understand Ethereum 2.0 objectively. Alicia, senior partner of KuCoin, said that according to the unique mechanism of Ethereum 2.0, liquidity solution is a very important pain point, and the exchange should be committed to solving this pain point.
Uncle Miao, the chief technical researcher of Spark Mining Pool ETH2.0, said that as an old PoW mining pool, Spark Mining Pool is also actively transforming for Ethereum 2.0, and will launch technical solutions suitable for miners from the perspective of miners, and recommend 2.0 Staking Products should also fully disclose some of the remaining risk factors. HashQuark CMO Dora said that the inflation rate in Ethereum 2.0 is much lower than the current one and will increaseETHThe scarcity will bring long-term promotion to the public chain, Layer2 and the entire ecology.
image description
Roundtable Discussion: Seven Mining Pools Talk about ETH2.0 Staking
The theme of the second round table discussion is "How to better welcome Ethereum 2.0", Ethfans editor-in-chief A Jian, ECN Ethereum Chinese community leader Esther, imToken market leader Mako, Bitpie COO Wang Chao, TokenInsight chief analyst Johnson joined the discussion.
After the launch of Ethereum 2.0, what impact will it have on the ecology of Ethereum, especially the DeFi ecology? Johnson, the chief analyst of TokenInsight, believes that the current applications on Ethereum are becoming more and more active, resulting in network congestion and very high gas fees. After 2.0 is launched, sharding applications can alleviate this problem and promote a more prosperous ecology, but it will take a long time to realize a period of time. Bitpie COO Wang Chao believes that the current phase 0 launch does not support functions such as transfers and smart contracts, so the ecological changes are not so rapid, which will cause a certain degree of ecological spillover to other public chains, which is harmful to other public chains and There is also a certain opportunity for the industry. Mako, head of the imToken market, said that he looks forward to the combination of Staking and DeFi. Staking will bring a base interest rate to DeFi. Participating in the pledge of Staking can generate new Tokens into the building blocks of DeFi, bringing more ways to play. A Jian, editor-in-chief of Ethfans, said that from the current progress, Ethereum 2.0 is expected to go online in the fourth quarter, and it will take longer for Phase 2 to go online. combination etc. Esther, head of the ECN Ethereum Chinese community, said that Staking has low risk and low yield. Compared with high-risk and high-yield DeFi, it will attract specific people to participate, and it will also bring more profitable asset portfolios to the Ethereum ecosystem.
This Ethereum 2.0 Staking online forum is one of the series of activities of Ethereum Summer, hosted by InfStones and Ethereum Planet, co-hosted by ECN Ethereum Chinese Community and Ourea Group.
InfStones is the world's leading blockchain cloud computing service provider, focusing on cloud computing and blockchain infrastructure construction. Build your own infrastructure on the chain network. At present, InfStones has provided blockchain services for more than 30 large-scale institutional clients in the world. Thousands of nodes of more than 30 public chains have been operating stably under the supervision of InfStones, and the value of entrusted digital assets has exceeded 2 billion dollars. InfStones will continue to follow up the progress of Ethereum 2.0, and launch Ethereum 2.0 Staking service and node hosting service as soon as possible.
