#CMC x @glassnode: Analysis of the #Ethereum Beacon Chain before the Merge ๐ฅ
With the coming #ETHMerge, this report looks at the Beacon Chain performance, and introduces a suite of new metrics to help understand the #ETH #PoS system ๐
coinmarketcap.com/alexandria/artโฆ
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With the coming #ETHMerge, this report looks at the Beacon Chain performance, and introduces a suite of new metrics to help understand the #ETH #PoS system ๐
coinmarketcap.com/alexandria/artโฆ
<1/5>
In this report, we will take a look at the #Ethereum network through these aspects:
๐น Block Production & Participation
๐น Validators Replace Miners
๐น Validator Performance & Review
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๐น Block Production & Participation
๐น Validators Replace Miners
๐น Validator Performance & Review
<2/5>
Some key takeaways:
๐ธ Validators on the Beacon Chain are consistently online and producing blocks when allocated a slot.
๐ธThe total volume of ETH staked on the Beacon Chain has now surpassed 13.409M ETH, which is equivalent to 11.22% of the circulating supply.
<3/5>
๐ธ Validators on the Beacon Chain are consistently online and producing blocks when allocated a slot.
๐ธThe total volume of ETH staked on the Beacon Chain has now surpassed 13.409M ETH, which is equivalent to 11.22% of the circulating supply.
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Our report also includes statistics on the Beacon Chain's performance up to date, including validator deposits, revenue streams & possible implications on he net #ETH supply dynamics ๐๏ธ
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With over 11.2% of the #ETH circulating supply now participating in #PoS, it represents a significant vote of confidence from the #Ethereum community ๐ช
We look forward to a successful mainnet Merge!
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We look forward to a successful mainnet Merge!
<5/5>
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