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Ethereum 2.0 Testnet Now Has Nearly 2 Million ETH Staked

Ethereum 2.0 Testnet Now Has Nearly 2 Million ETH Staked – Decrypt

In brief Eth2 testnet validators are staking nearly 2 million testnet ETH in the leadup to mainnet release. Eth2 will introduce staking rewards, but validators also risk being slashed for bad blocks. Eth2 Phase 0 is expected to launch in November. Eth2, an upgrade to the decentralized Ethereum blockchain, has been in development for over four years.