Is Anchorage digital introducing Ether staking ahead of Ethereum’s POS move? Anchorage digital introduces Ether (ETH) staking for institutions

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Is Anchorage digital introducing Ether staking ahead of Ethereum’s POS move? Anchorage digital introduces Ether (ETH) staking for institutions

The federally chartered cryptocurrency bank, Anchorage digital will provide ETH holders a chance to earn rewards for assisting in securing and expanding the Ethereum blockchain into a POS consensus through staking.

Numerous Platforms similar to Anchorage digital have been moving forward in providing infrastructure and increasing the efficiency of blockchains and enterprises globally, Chainlink network facilitates smart contracts to bring off-chain data to on-chain operators, and Zetrix blockchain uses cross-chain technology to facilitate smart contract, scalability, interoperability, and security of enterprises globally.

Recently the Ethereum blockchain has been moving towards transitioning from its POW consensus, which had consumed a lot of energy, and increased gas fees to a POS consensus, which drastically reduces costs and consumes almost zero energy, and Anchorage digital moves to facilitate the process as it issues staking of ETH, and According to Coindesk, the rewards involved in staking included block rewards and a transaction priority fee which would double by 8% or 9% after Merge.

submitted by /u/JeniBeves
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