{"id":123330,"date":"2020-11-30T22:41:38","date_gmt":"2020-11-30T19:41:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereum-2-0-staking-is-coming-to-coinbase\/"},"modified":"2020-11-30T22:41:38","modified_gmt":"2020-11-30T19:41:38","slug":"ethereum-2-0-staking-is-coming-to-coinbase","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereum-2-0-staking-is-coming-to-coinbase\/","title":{"rendered":"# Ethereum 2.0 staking is coming to Coinbase"},"content":{"rendered":"<p>&#8220;<strong># Ethereum 2.0 staking is coming to Coinbase  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTEvN2I5NzBjNTUtOWRhZS00ODM4LThmYTctMDllNTg1ODM2ZDBiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum\u00a02.0 staking rewards \u2014 possibly setting the stage for even wider adoption of the smart contract platform.\u00a0<\/p>\n<p>In an official blog post, Coinbase <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/blog.coinbase.com\/ethereum-2-0-staking-rewards-are-coming-soon-to-coinbase-a25d8ac622d5\">says<\/a> it plans to roll out Eth2 staking, trading and conversion services starting in early 2021. Once Eth2 is supported, existing Coinbase customers will be able to convert their Ether (ETH)\u00a0tokens to ETH2 and earn staking rewards. <\/p>\n<p>The company said:<\/p>\n<blockquote><p>&#8220;While staked ETH2 tokens remain locked on the beacon chain, Coinbase will also enable trading between ETH2, ETH, and all other supported currencies providing liquidity for our customers.&#8221;<\/p><\/blockquote>\n<p>Coinbase indicated that it will \u201ccommunicate more details closer to the launch of each feature.\u201d<\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> comes on the eve of the highly anticipated Ethereum Beacon Chain launch, which kicks off a multiyear upgrade of the blockchain network. The upgrade will transition Ethereum away from its existing proof-of-work consensus to a proof-of-stake network. Ethereum\u2019s development team <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/docs.ethhub.io\/ethereum-roadmap\/ethereum-2.0\/proof-of-stake\/\">claims<\/a> that proof-of-stake reduces centralization risks and allows for a stronger defense against 51% attacks. <\/p>\n<p>Phase 0 of Eth2 was confirmed last week after Ethereum\u2019s deposit contract met the minimum threshold of 524,288 ETH. At press time, 855,264 ETH had been <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.duneanalytics.com\/hagaetc\/eth2-0-deposits\">sent<\/a> to the 2.0 deposit contract.\u00a0<\/p>\n<p>Ethereum holders who choose to stake their coins will not be able to withdraw or transfer their stake until after Phase 1 is rolled out \u2014 a process that could take years. Several companies, including Darma Capital, are planning to offer inter<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>ted staking that would allow users to continue accessing their capital. <\/p>\n<p>As the second-largest cryptocurrency by market capitalization, Ethereum is one of the most liquid assets in all of crypto. It currently ranks third by daily volume, <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/messari.io\/asset\/ethereum\/exchanges\">according<\/a> to Messari.io. Coinbase Pro processes one of the largest volumes for the ETH\/USD pair. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-2-0-staking-is-coming-to-coinbase\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Ethereum 2.0 staking is coming to Coinbase &#8221; U.S. digital currency exchange Coinbase has outlined plans for supporting Ethereum\u00a02.0 staking rewards \u2014 possibly setting the stage for even wider adoption of the smart contract platform.\u00a0 In an official blog post, Coinbase says it plans to roll out Eth2 staking, trading and conversion services starting&#8230;<\/p>\n","protected":false},"author":1,"featured_media":123331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/7b970c55-9dae-4838-8fa7-09e585836d0b.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74956,74891,74876,75578],"class_list":["post-123330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-coinbase","tag-ethereum","tag-proof-of-stake","tag-proof-of-work"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/123330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=123330"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/123330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/123331"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=123330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=123330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=123330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}