Original author: FYJ & 0x711 & czgsws, BlockBeats
Discussions about the fork of Ethereum are becoming more and more heated, and the merger date is approaching, and the computing power of over 800T miners belongs to the attention of the entire network. Many people have already started planning to fork Ethereum, and it is expected that the second community fork in the history of Ethereum will happen with high probability.
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LDO (Lido) and RPL (Rocket Pool)
Lido, the leader of Ethereum liquidity staking, occupies 90.4% of the market with more than 4 million ETH pledged. Its protocol design is simple and clear. You can get stETH at 1:1 by depositing ETH as an equity derivative asset. Has decent liquidity on Curve.
Rocket Pool, a liquidity staking protocol focused on Ethereum, compared to Lido’s full-chain expansion, Rocket Pool only works on Ethereum. The main difference between the two is that Lido's underlying verifiers are selected by Lido DAO, and anyone who deposits 16 ETH (half of the 32 ETH required by the Ethereum protocol) can become a Rocket Pool node operator. Correspondingly, a certain amount of RPL needs to be pledged to ensure the normal operation of the node.
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ssv.network
SSV itself is an infrastructure serving verifiers, but SSV does not do asset management, that is, SSV does not absorb users' ETH for recombination. Unlike a real staking service provider like Lido. SSV mainly serves two types of users, one is long-term holdings, who need to ensure the safety of funds (do not entrust assets to third parties), but do not want to do it themselves. One is the value capture of SSV, a group of ETH pledge service providers led by Lido, Rocketpool, and Binance. SSV helps pledge operators reduce operation and maintenance pressure, reduce equipment server expenditure and management costs, reduce security risks, and save worry.
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Obol
Obol Technologies, which raised US$6.15 million in October 2021, was founded by the former head of global product strategy at ConsenSys. ConsenSys and Coinbase participated in the investment, with a luxurious background. Obol mainly promotes a concept called "distributed verification node cluster": a single pledge node may fail, so the pledge cluster is dispersed to make user assets more secure.
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StakeWise
StakeWise (SWISE) is a liquidity staking protocol based on the Ethereum mainnet and Gnosis Chain. In March 2021, StakeWise completed a financing of US$2 million, led by Greenfield One, and participated by Collider Ventures, Gumi Cryptos, Lionschain Capital and others. In March 2022, StakeWise received strategic investment from blockchain infrastructure service providers Blockdaemon and boldstart Ventures to jointly provide KYC-based liquid pledge solutions for financial institutions and large technology companies.
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Swell Network
Swell Network is a permissionless, non-custodial ETH staking protocol built for stakers, node operators, and the Ethereum ecosystem. Swell announced on June 16 this year that it has reached a cooperation with SSV, and will prioritize the integration of ssv.network's advancement in distributed validator technology, which will help better manage risks and improve validator performance. At present, its Goerli testnet version has been launched, with a TVL of 286 ETH and an annual interest rate of 4.2%.
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Connect to ETH POW computing power concept (graphics card mining)
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ETC
To some extent, ETC (Ethereum Classic) can be regarded as the "brother" of Ethereum. After the hacking of THE DAO in 2016, the Ethereum community faced a survival dilemma. The community had huge differences on whether the community should fork and roll back to recover the losses. Some people agreed with the fork, which gave birth to the current Ethereum, and some people refused, and their persistence produced ETC.
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XMR
Monero (XMR) is an open-source cryptocurrency created in April 2014 with a focus on privacy, decentralization, and scalability. From the beginning of its birth, the development concept of Monero has included the concept of fighting against ASIC. The current algorithm of Monero is RandomX, which can use CPU, GPU, RSIC (such as Apple M1) to participate in mining. The mining efficiency of CPU and RSIC is relatively high, while the efficiency of GPU is relatively high due to the high latency of video memory. low.
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RVN
RVN, Ravencoin, was once a veteran mining coin with high hopes due to its fair distribution mechanism (no IC0, no pre-mining, and no master node). The project code fully draws on the Bitcoin code, so some shadows of Bitcoin can be seen from it, such as: the upper limit of the total amount of Token is 21 billion. In addition, Ravencoin uses the ASIC-resistant KAWPOW algorithm, hoping to reduce the centralization of mining output.
The current Ravencoin network computing power is 2.336TH/s.
