As of August 13th, 587,000 Ethereum validators remain in the network’s staking queue. This is still close to the historic largest recorded at the end of July last year.
As explained by Cryptonotics, the accumulation of cube validators is due to resignation requests launched in early July by multiple operators. They started unlocking of his coins.
On the other hand, the number of validators you want to enter is approximately 100,000. This diagram reveals important asymmetry in the network of validators.
A validator is a node that participates in confirming and verifying transactions via ether staking (ETH). Being “at the exit” means that the operator has requested that they stop participating in the verification And they intend to collect funds blocked by staking.
Among the causes of exit tail, the profit is ETH prices are over $4,500. Conversion of ether into fiercoin in this context of currency prices is appealing to those seeking liquidity or closing profitable positions.
The tail mechanism designed in the protocol meets critical functions. Avoid sudden changes in the amount of validators This puts the network stability at risk. If the output or input is immediate, the infrastructure can face security and performance issues.
Currently, the estimated wait time is It takes 1 day to enter and up to 10 days to depart.
Despite the ongoing exit, Ethereum maintains around 1.1 million validators, approaching historic maximum.
(tagstotranslate) ethereum (eth)
