The ether ETH/USD Since the ecosystem was launched, 226 validators have been trimmed out of a total of 524,060, which is 0.04% beacon chain on December 1, 2020.

What happened: In a tweet on Wednesday, Ethereum core developer Superphiz said people shouldn’t worry about pocketing ETH for this particular reason.

See also: Top Indian Apps Giving Bitcoin, NFT Rewards

“It’s not something to lose sleep over. Many slashes occurred during failed system migration,” the developer said.

Slashing is a process to adapt validators to proof-of-stake consensus rules. If a validator breaks these rules, the network removes them and further penalizes them by taking part of their staked Ether as a penalty. This penalty is called slashing and is designed to protect the stability and security of the network.

2. Use double detection. I know you want perfect uptime, but it makes sense to look both ways before getting into traffic, that’s literally what doppelganger detection does for you. It is advisable to throw away $0.06 to save $1700. (One slashing costs about 1 Ether)

“Wipe out your old staking machine ASAP. Do not reuse chain data to save time. Reinstall, reformat and reduce the chances that an outdated service will bother you,” adds the developer.

Price promotion: At the time of writing, ETH is trading at $1,668, up 2.18% over the past 24 hours, according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin Slip After Mixed Fed Minutes: Analyst Says China Won’t “Fuel” Coming Cycle