Staking on Beacon Chain has been booming due to the much-awaited Ethereum Merge despite delays. A major chunk of new stakers on the consensus layer have done so using Lido Finance., the project revealed that 75% of new stakers on the Beacon chain who joined in the last 30 days had utilized the staking protocol.With the Ethereum Merge approaching, staking on the Beacon Chain has intensified as expected.
As such, Lido has announced adopting Distributed Validator Technology . This system would categorize validators into independent committees that propose and attest to blocks together.
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