As the world awaits Ethereum 2.0 staking implementation, someone operating under the pseudonym "Heyheeyheeey" posted a Medium article with a solution based on the protocol.
The concept is a "Design for an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or skills can join from the beginning," the author wrote on June 2.
Argent is a crypto wallet solution with elements of decentralized finance, or DeFi compatibility.
A big topic of discussion in 2020 so far, Ethereum 2.0 is essentially an upgrade to the Ethereum network, aimed at scalability.
Recent comments from ETH 2.0 testnet coordinator, Afri Schoedon, still yield no firm launch date for the endeavor.
The anonymously-spawned solution aims for simplicity.
With a pseudonymous name reminiscent of dialogue from the days of Ponzi scheme Bitconnect, Medium author heyheeyheeey said he did not receive compensation for his ETH 2.0 contribution.
"Staking is coming to Ethereum soon but it's only for technical users and requires a large amount of Ether," heyheeyheeey said, referring to the asset holding prerequisite for network staking.
Oddly, the author only has 17 Medium followers as of press time.
Cointelegraph reached out to the author on Medium for additional details, but received no response as of press time.
Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution on Medium
gepubliceerd op Jun 6, 2020
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.