Devenez Insider

Lido: Everything you need to know about Ethereum's giant validator

Grégory Raymond

Thursday, September 22, 2022

Lido is a fairly ingenious protocol that allows anyone to become a validator on Ethereum without necessarily having to invest a lot of money (minimum 32 ethers)...

👉 News. By switching to Proof-of-Stake, Ethereum no longer works with miners (like Bitcoin) but with validators.

👉 Background. To become a validator, you need to tie up 32 ethers (more than €40,000) on Ethereum.‍

👉 Why this is important. Lido is a rather ingenious protocol that allows anyone to become a validator without necessarily having 32 ethers.

For the past week, there has been a sense of relief in much of the crypto ecosystem. Ethereum's Merge, which we've explained to you in detail over the past two weeks, has gone very well. The blockchain is still working and consuming much less power than before - a 99.5% drop - thanks to Proof-of-Stake. Perfect, you might say!

Except that this update has also changed the way Ethereum works, which no longer runs in exactly the same way. It is no longer miners (Proof-of-Work) who run the protocol, but validators.

‍

Heading 1

Heading 2

Heading 3

Heading 4

Heading 5

Heading 6

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

Block quote

Ordered list

Item 1
Item 2
Item 3

Unordered list

Item A
Item B
Item C

Text link

Bold text

Emphasis

^Superscript

_Subscript

This analysis is not investment advice. It has been prepared without taking into account your personal situation, particularly your financial situation, risk profile, and investment objectives.

Before investing in any product, investors should fully understand the risks involved and consult their own legal, tax, financial, and accounting advisors.

Cet article est réservé aux abonnés insiders.

Les meilleurs news et analyses cryptos. Chaque semaine. 100% indépendant.

Devenir insider

Everything that matters n Web3

The best news and crypto analysis. Every Week. 100% independent.

Tokens in this article

No items found.

Projects in this article

No items found.

In this category