As the world awaits Ethereum 2.0 staking implementation, someone operating under the pseudonym "Heyheeyheeey" posted a Medium article with a solution based on the protocol.
The concept is a "Design for an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or skills can join from the beginning," the author wrote on June 2.
Argent is a crypto wallet solution with elements of decentralized finance, or DeFi compatibility.
A big topic of discussion in 2020 so far, Ethereum 2.0 is essentially an upgrade to the Ethereum network, aimed at scalability.
Recent comments from ETH 2.0 testnet coordinator, Afri Schoedon, still yield no firm launch date for the endeavor.
The anonymously-spawned solution aims for simplicity.
With a pseudonymous name reminiscent of dialogue from the days of Ponzi scheme Bitconnect, Medium author heyheeyheeey said he did not receive compensation for his ETH 2.0 contribution.
"Staking is coming to Ethereum soon but it's only for technical users and requires a large amount of Ether," heyheeyheeey said, referring to the asset holding prerequisite for network staking.
Oddly, the author only has 17 Medium followers as of press time.
Cointelegraph reached out to the author on Medium for additional details, but received no response as of press time.
Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution on Medium
Published on Jun 6, 2020
by Cointele | Published on Coinage
Mentioned in this article
3 Reasons Why Bloomberg Calling Bitcoin a 'Resting Bull' Is Inaccurate
Bloomberg senior commodities strategist Mike McGlone recently released a midyear crypto outlook, which states that Bitcoin volatility should continue to decrease as the asset behaves more like gold.
Bitcoin Stagnates, Criminals Targeted, $288K Prediction: Hodler's Digest, June 29-July 5
Top Stories This WeekBored with Bitcoin? This price level is key for a big breakoutIt has been a sleepy week in the crypto markets - and there's barely been any movement in Bitcoin.
Enterprise Friendly Blockchain Tapping Into Wine Supply Chain Business
Symbol from NEM makes blockchain solution to solve wine tampering and counterfeiting problems to save millions for the wine industry.
Bitcoin Undo Button & Fleeing Firms: Bad Crypto News of the Week
Maybe it's time to start talking about boring Bitcoin.