MultiversX Tracker is Live!

Question regarding proof of staking security.

Etherum Reddit

More / Etherum Reddit 199 Views

Hello, I am a fellow ethereum miner, i have been mining ethereum since 2017, unfortunately i sold all my ETH and my mining hardware last year because of government pressure of banning cryprto in my country, however, i managed to mine 1 Eth since 6 months, Now, the main question is, when we mine ethereum our hardware is with us safe and the mined amount can be transfered to a cold storage on daily,weekly,monthly basis for which we hold the private keys, now i dont have 32 or 16 eth for solo staking and runinng it privately, so i will have to stake my ethereum on a pool, So, what is the assurance that a pool wont be hacked and there will be loss of complete funds with principal amount? or a bogus pool just decides to take away the funds. i mean, is it highly risky? or do i lack knowledge?
i am talking about people with less than 16 or 32 eth whatever the low cap is, i mean decentralization, right? also what if i have 32 ETH and i am solo staking but my wallet/node gets hacked, i prefer to store my crypto on ledger or something secure which is not connected constantly to the internet..
i may be wrong, correct me if.

submitted by /u/saulgoodman99
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments