Staking and Liquid Staking on Ethereum are becoming two popular ways to earn passive income in the cryptocurrency space. In this article, we’ll look at the similarities and differences, the benefits and challenges of each, and how SafeStake will handle both scenarios when all three phases of SafeStake have been implemented. Simple Staking on Ethereum Now…

Gary Gensler (Chairman of the SEC) has, in recent months, been railing against the cryptocurrency ecosystem under the premise of ‘protecting investors.’ Its most recent action against Kraken’s Staking-as-a-Service Program and the $30 million fine levied against the company for their staking program puts the DeFi ecosystem in a precarious position. Gensler says in the…

Dear community members: Since ParaState decided to pivot our limited resources to building the SafeStake DVT infrastructure and protocol last year (please check my annual review and outlook article), the project has been through more than fourteen months of development. Most recently, we announced a major upgrade to the Galileo testnet, and the SafeStake mainnet…

Establishing Use Cases for SafeStake In this article, we will look at the most important updates surrounding the fledgling industry that is Ethereum Staking. Introduction Ethereum Staking allows people to earn rewards by putting their Ethereum, also known as ETH, at ‘stake’ to secure the Ethereum 2.0 network. In September of 2022, Ethereum transitioned from…

ETH staking, still in its infancy, is already proving to be one of the most valuable parts of the emerging blockchain industry. New developments and applications of cutting-edge technologies like DVT (Distributed Validator Technology) are creating new market niches and unlocking new use cases, expanding the potential of other sectors, like DeFi. DVT allows entities…

Everything you need to know about the next Ethereum upgrade. After the successful completion of ‘The Merge’ that transitioned Ethereum from Proof-of-Work to Proof-of-Stake last September, many concerns arose regarding the next scheduled update on the extensive blockchain roadmap: the Shanghai Update. The updated Ethereum roadmap With the “Surge” on the horizon promising faster transaction speeds and…

Review 2022 was quite a chaotic year for the entire crypto industry. We’ve all seen the news about the hundreds of millions of dollars stolen in cross-chain bridge hacks; we’ve watched the collapses of Luna, 3AC, Celsius, and BlockFi; and we were hammered by the FTX fraud at the end. Nonetheless, 2022 was a year…

One of the biggest concerns in the Ethereum community (and the rest of the crypto industry due to the size and influence of this blockchain network), is centralization from the new Proof-of-Stake consensus mechanism. Inherently, validators will be the entities (or users) responsible for confirming the transactions executed in this massive ecosystem. As such, users…

Looking to get ahead in the cryptocurrency market for 2023? To do so, it’s vital that you have a comprehensive grasp of what’s already happened. Get started on your journey by revisiting key developments from 2022 and unlock exciting opportunities this year! In a different article, we explained the ins and outs of the long-awaited…

Abstract One of the advancements in blockchain technology that is expected to be a trend in 2023 is the adoption of Distributed Validator Technology (DVT) in the Ethereum Proof-of-Stake ecosystem. With the upcoming Ethereum update known as ‘Shanghai’ that will finally allow the withdrawal of staking deposits from the initial Beacon Chain contract after two…