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Ethereum : ELI5: How does a validator actually stake Ether in PoS?

Ethereum update: ELI5: How does a validator actually stake Ether in PoS?



In all the discussion about the move to PoS there seems to be little to no information on the practical steps of how one would stake their ether as a validator.

What is the most likely way this will occur? And are there any types of accounts that are ineligible to participate, besides from a lack of funding? For example since PoS pools are possible ([https://www.rocketpool.net/](https://www.rocketpool.net/)) does that mean that any arbitrary contract with enough funds could volunteer to be a validator?




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About Ethereum



Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

Author: riftadrift

Score: 29

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