Below is a percentage breakdown of the top 5 countries:
United States – 27%Story of a
Germany – 14%
China – 11%
Singapore – 4%
Hong Kong – 3%
United States – 24%
Germany – 16%
France – 5%
Netherlands – 4%
Canada – 3%
With over 26, 600 validators confirmed and having locked 32 ETH each to stake for the next 2 years, the Ethereum 2.0 Beacon Chain is in full throttle mode.
The launch of Ethereum 2.0 has seen significant support across the blockchain and crypto community as it ushers in the Proof-of-Stake (PoS) consensus mechanism while moving away from the Proof-of-Work (PoW) model that bitcoin currently runs on.
A number of big crypto brands and exchanges have expressed support for Ethereum 2.0
Both Binance and Coinbase, which are among the largest crypto exchanges globally, have expressed support for Eth2 through staking and trading by allowing their users to convert ETH to ETH2 and earn staking rewards.
ETH2 intends to solve two of the biggest challenges within blockchain development: limited scalability and high gas prices. Over the course of two years, the Ethereum community plans to increase scale and migrate the current Ethereum chain to the ETH2 chain.
There is no under-stating the monumental changes that Ethereum will undergo over the next couple of years and the Beacon Chain going live is the first step towards this direction.