{"id":414528,"date":"2022-03-11T00:55:00","date_gmt":"2022-03-10T21:55:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ethereums-consensus-layer-contract-hits-10m-eth-staked\/"},"modified":"2022-03-11T00:55:00","modified_gmt":"2022-03-10T21:55:00","slug":"ethereums-consensus-layer-contract-hits-10m-eth-staked","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ethereums-consensus-layer-contract-hits-10m-eth-staked\/","title":{"rendered":"# Ethereum&#8217;s &#8216;consensus layer&#8217; contract hits 10M ETH staked"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a28dc56b753a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a28dc56b753a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ethereums-consensus-layer-contract-hits-10m-eth-staked\/#%E2%80%9D_Ethereums_%E2%80%98consensus_layer_contract_hits_10M_ETH_staked_%E2%80%9C\" >&#8221; Ethereum&#8217;s &#8216;consensus layer&#8217; contract hits 10M ETH staked &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Ethereums_%E2%80%98consensus_layer_contract_hits_10M_ETH_staked_%E2%80%9C\"><\/span>&#8221; Ethereum&#8217;s &#8216;consensus layer&#8217; contract hits 10M ETH staked &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZjUwNjI2ZDEtMDAxMS00ODM4LThmZWQtNDhlODkyNTZjYTMxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Quantitative analysis conducted on popular blockchain site Etherscan\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/address\/0x00000000219ab540356cbb839cbe05303d7705fa\">indicates<\/a>\u00a0that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on Nov. 4 last year. This figure is equivalent to over $26 billion, based upon current Ethereum prices.<\/p>\n<p>Mathematical calculations suggest that the milestone was <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/etherscan.io\/block\/14348729\">surpassed<\/a> during block 14348729 in the evening of March 8, identified by mainstream cryptocurrency publications and community advocates in the last few hours.<\/p>\n<p>In late January of this year, the Ethereum Foundation published\u00a0an alteration to the network&#8217;s terminology, with the initial proof-of-work blockchain, or Eth1, now being referred to as the execution layer, and the upcoming proof-of-stake blockchain, or Eth2, now known as the consensus layer.<\/p>\n<p>To participate, each user is required to deposit and stake 32 ETH into the official Ethereum Launchpad to acquire validation status on the network. At the time of writing, the number stands at roughly $83,252.<\/p>\n<p>Evolution to the consensus layer is observed as a highly-anticipated event within numerous provinces of the crypto landscape \u2014 from decentralized finance, or DeFi, protocols and nonfungible token, or NFT, projects and marketplaces, to ETH asset holders \u2014 due to the reliance on Ethereum&#8217;s blockchain for a multitude of on-chain engagements.<\/p>\n<p><strong><em>Related: Ethereum 2.0 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roaches 6 million staked ETH milestone<\/em><\/strong><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Eth2 staking contract just hit 10,000,000 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0qke0XBaCB\">https:\/\/t.co\/0qke0XBaCB<\/a><\/p>\n<p>\u2014 Ryan Carson (@ryancarson) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ryancarson\/status\/1501981651273932801?ref_src=twsrc%5Etfw\">March 10, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In January ofthis year, Ethereum&#8217;s hash rate metric achieved an all-time high of\u00a01.11 PH\/s, a prime indication of higher node adoption, and by a factor of geography, greater decentralization of the network in the wake of the\u00a0Arrow Glacier upgrade.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/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\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ethereum-s-consensus-layer-contract-hits-10m-eth-staked\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Ethereum&#8217;s &#8216;consensus layer&#8217; contract hits 10M ETH staked &#8220; Quantitative analysis conducted on popular blockchain site Etherscan\u00a0indicates\u00a0that 184,441 transactions have been responsible for 10.2 million Ether (ETH) staked into the Eth2 (consensus layer) deposit contract since inception on Nov. 4 last year. This figure is equivalent to over $26 billion, based upon current Ethereum&#8230;<\/p>\n","protected":false},"author":1,"featured_media":414529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZjUwNjI2ZDEtMDAxMS00ODM4LThmZWQtNDhlODkyNTZjYTMxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74891,75326,74876],"class_list":["post-414528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-ethereum","tag-ethereum-2-0","tag-proof-of-stake"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414528","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=414528"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/414528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/414529"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=414528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=414528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=414528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}