This article explains how Ethereum 2.0 staking works and how by offering Neukind Node-as-a-service, Neukind is able to provide a safe and easy environment for clients to capitalise on the Ethereum 2.0 trend.
Like many Proof of Stake (PoS) cryptocurrency models, in Ethereum 2.0 the staking rewards are divided equally amongst the validators: nodes that participate in attesting to the validity of new blocks in order to achieve consensus. For Ethereum 2.0, this reward is some 430 ETH per day. As the network of validators grows in size, the network becomes more secure, but the expected reward for any given validator becomes smaller. Once 16384 validators become active on the Ethereum 2.0 mainnet beacon chain via the deposit contract, the beacon genesis will commence after a short delay of 7 days.
