We Run ETH 2.0 Validator Node
ETH Mining is going into history in the coming dates and ETH is shifting to Proof of Stake. We are preparing for the change by staking ETH and run validator node. We help process proposes and vocuhes for new blocks to be added to the blockchain.
Q. What are validator nodes?
A validator node is a special type of full node that participates in “consensus.” By participating in consensus, validator nodes become responsible for verifying, voting on, and maintaining a record of transactions. On the Olympia release of the Radix Public Network, there is a maximum of 100 validator nodes at a time.
Q. What is the deposit contract?
You can think of the deposit contract as a transfer of funds between Ethereum accounts and Beacon Chain validators. It specifies who is staking, who is validating, how much is being staked, and who can withdraw the funds.
Q. What is an Ethereum validator?
A validator is an entity that participates in the consensus of the Ethereum protocol. Or in other words, a human running a computer process. This process proposes and vouches for new blocks to be added to the blockchain.In other words, you can think of a validator as a voter for new blocks.
Q. What happened to 'Eth2?'
The terms 'Eth1' and 'Eth2' are being deprecated in preparation for the merge. After the merge, there will no longer be two distinct Ethereum networks; there will only Ethereum. Ethereum will consist of the execution layer (handles transactions and execution, formerly 'Eth1'), and the consensus layer (handles proof-of-stake Beacon Chain, formerly 'Eth2' or 'Ethereum 2.0'). These terminology updates only change naming conventions; this does not alter Ethereum's goals or roadmap.