What Is Ethereum Staking? How It Works, Benefits, and Risks Explained
With Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022, staking has become the primary way to secure the Ethereum blockchain. This major shift, known as The Merge, drastically reduced Ethereum’s energy consumption and opened up new opportunities for users to earn passive income by staking their ETH. Ethereum’s Shift to Proof-of-Stake Ethereum…