{"id":31617,"date":"2020-11-11T17:44:42","date_gmt":"2020-11-11T15:44:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31617"},"modified":"2025-08-28T04:36:32","modified_gmt":"2025-08-28T01:36:32","slug":"vitalik-buterin-outlines-the-advantages-of-ethereum-2-0-validators","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vitalik-buterin-outlines-the-advantages-of-ethereum-2-0-validators\/","title":{"rendered":"Vitalik Buterin outlines the advantages of Ethereum 2.0 validators"},"content":{"rendered":"<p>The Ethereum cofounder Vitalik Buterin dedicated another tweet to the advantages of participating in early ETH2 staking.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Reminder: penalties for the early months of ETH2 have been reduced to 1\/3 to 1\/4 of their Medalla levels. And if 524,288 ETH participate, rewards are ~25% APR.<\/p>\n<p>So in fact even if you somehow get slashed ~3 weeks after you join, staking would still probably be net-profitable.<\/p>\n<p>\u2014 vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1326442642696097794?ref_src=twsrc%5Etfw\">November 11, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the initial months of operation of the Ethereum 2.0 protocol, penalties in the Medalla test network will not exceed a quarter of the stake size. Meanwhile, the annual staking yield in the network with the minimum deposit threshold will be around 25%.<\/p>\n<blockquote>\n<p>\u201cEven if you are penalized in the first three weeks after joining, staking would probably still be profitable,\u201d wrote Buterin.<\/p>\n<\/blockquote>\n<p>Penalties are expected to rise no sooner than four to six months of stable network operation.<\/p>\n<p>He added that penalties are imposed only for violations of rules and malicious actions. There is also a possibility of a bug.<\/p>\n<p>In August, the bug in the Medalla testnet client <a href=\"https:\/\/u1f987.com\/en\/news\/unplanned-fork-on-the-ethereum-2-0-testnet\">led<\/a> to an unplanned fork and a prolonged period during which synchronization with the parent block was not possible. Some validators shut down their nodes and were penalized.<\/p>\n<p>Earlier, the developers <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-2-0-genesis-block-launch-date-revealed\">launched<\/a> the ETH2 deposit contract on November 4.<\/p>\n<p>As of writing, its balance <a href=\"https:\/\/u1f987.com\/en\/news\/over-the-week-users-transferred-52993-eth-to-the-ethereum-2-0-deposit-contract\">amounts to<\/a> 55,585 ETH (more than $25.5 million).<\/p>\n<p>Vitalik Buterin <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-sent-3200-eth-to-ethereum-2-0-deposit-contract\">sent<\/a> 3,200 ETH to the contract address.<\/p>\n<p>The condition for launching the Ethereum 2.0 mainnet is the participation of 16,384 validators, who by December 1 must contribute a total of 524,288 ETH.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum cofounder Vitalik Buterin dedicated another tweet to the advantages of participating in early ETH2 staking.<\/p>\n","protected":false},"author":1,"featured_media":31618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,46,200],"class_list":["post-31617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-ethereum","tag-vitalik-buterin"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31617"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31617\/revisions"}],"predecessor-version":[{"id":31619,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31617\/revisions\/31619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31618"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}