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everstake.eth (💙,💛)

@eth-everstake

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everstake.eth (💙,💛)
@eth-everstake
Anyway that’s an pleasant experience to be able to use your preferred language in crypto. With increasing demand for different languages, embracing multilingual options could become the norm, enhancing accessibility and inclusivity in the crypto space. However, the technical side needs a lot of work.
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everstake.eth (💙,💛)
@eth-everstake
One more user shared his experience of using seed phrases in Japanese. He generated a seed phrase in Japanese in the BRD wallet and used it for a long time, but when he tried importing his wallet into Metamask, it was impossible. https://github.com/MetaMask/metamask-extension/issues/4837#issuecomment-1121764175
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everstake.eth (💙,💛)
@eth-everstake
An interesting discussion has emerged on this topic. For instance, a Spanish-speaking user highlighted that special characters in Spanish (like ñ and tildes: á, é, í, ó, ú) could complicate seed word recovery, but BIP 39 says that characters like 'ñ,' 'ü,' 'á,' etc., are considered equal to 'n,' 'u,' 'a, etc.
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everstake.eth (💙,💛)
@eth-everstake
Popular wallets primarily offer recovery seed phrases in English, which can pose challenges for non-English speakers. This adds complexity to an already unfamiliar process for many non-technical users. While it's important to remove barriers, we must balance this with security and potential inconvenience.
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everstake.eth (💙,💛)
@eth-everstake
BIP 39 specifies the number of word lists besides English, but it's generally advised against using them. Words can be ambiguous between languages, and many use encodings that are not guaranteed to be consistent or supported on every system.
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everstake.eth (💙,💛)
@eth-everstake
Bitcoin Improvement Proposal (BIP 39) provides a list of 2048 words for #Bitcoin wallets to pick a seed phrase. Other crypto wallets also use this list. Interestingly, this list ensures that no identical words start with the same four letters.
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everstake.eth (💙,💛)
@eth-everstake
Share in the comments if this fact surprised you, as it was for me during the last @ethdotorg office hours on mnemonic, seed phrases and public-private keys 😀 BIP 39 has wordlists in Japanese, Korean, Spanish, Chinese, French, Italian, Czech, and Portuguese that can be used as seed phrases.
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everstake.eth (💙,💛)
@eth-everstake
The seed phrase is an integral part of the crypto world and crucial for your fund's safety! But how much do you know about seed phrases? Did you know that BIP 39 offers wordlists in languages other than English for seed phrases?
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everstake.eth (💙,💛)
@eth-everstake
Join us in securing Ethereum by staking your ETH and earning rewards: https://everstake.one/staking/ethereum Let's continue this incredible momentum!
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everstake.eth (💙,💛)
@eth-everstake
In addition, Everstake has already published many guides on our blog: 🔗 everstake.one/blog/how-to-natively-restake-and-delegate-eth-on-eigenlayer-a-stepbystep-guide Stay tuned for even more guides and materials on staking and delegation 🔜 Act now if you're considering restaking!
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everstake.eth (💙,💛)
@eth-everstake
Everstake has a slashing-free history of ETH staking ever since Ethereum genesis. By choosing Everstake, you're accessing top-notch services run by professionals. Explore our qualifications and experience: http://forum.eigenlayer.xyz/t/operators-mainnet-campaign/12828/216?u=irina_everstake…
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everstake.eth (💙,💛)
@eth-everstake
What does a reliable operator look like? Everstake sets the standard by supporting all available AVSs. You can restake or delegate your staked ETH or LSTs to all AVSs, benefiting from our resilient infrastructure and profound expertise. app.eigenlayer.xyz/operator/0xe483c7f156b25da9be6220049e5111bb41c4c535
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everstake.eth (💙,💛)
@eth-everstake
Not every operator has passed the minimum threshold to become a EigenDA operator. Be attentive, as not all operators are in the active set. Operators with less than 320 ETH restaked aren’t active within EigenDA. Operators with no registered AVSs are also inactive. Check the operator’s profile.
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everstake.eth (💙,💛)
@eth-everstake
EigenLayer uncapped LST restaking, which means that anyone can now join it and leverage all the advantages of restaking and delegating! Restake and delegate with @everstake: 🔗 https://app.eigenlayer.xyz/operator/0xe483c7f156b25da9be6220049e5111bb41c4c535 It's crucial to be cautious while selecting an operator👇
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everstake.eth (💙,💛)
@eth-everstake
6/ The activation limit per epoch stays unchangeable at 8 validators/epoch, while the exit limit continues to correlate with the number of active validators on Ethereum. Keep moving on to 1,048,576 active validators on mainnet!
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everstake.eth (💙,💛)
@eth-everstake
5/ Limiting the activation churn limit to 8 (the number of validators who can enter the chain and start staking) significantly delays the time to reach critical milestones of the total ETH supply staked.
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everstake.eth (💙,💛)
@eth-everstake
4/ Following the Shapella upgrade, there was a high demand for staking that led to rapid validator growth on Ethereum, adding strain to network operations and security. EIP-7514 has addressed these challenges by regulating the share of total ETH supply staked until a comprehensive solution is in place.
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everstake.eth (💙,💛)
@eth-everstake
3/ The churn limit is dynamically calculated based on the network's current number of active validators. Understanding its calculation provides insight into how under-the-hood lines of code ensure the network’s stability.
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everstake.eth (💙,💛)
@eth-everstake
2/ Ethereum's activation and exit queues play a crucial role in maintaining the stability of Ethereum PoS consensus. The churn limit sets limits on $ETH staking and withdrawals within each epoch, safeguarding the network's integrity.
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everstake.eth (💙,💛)
@eth-everstake
1/ More than 983k active validators on Ethereum mainnet, and it means that the exit churn limit is now increased to 15 validators/epoch! Find out why this increase ensures Ethereum's stability and the proactive measures core devs are taking to balance the exit and activation queues for seamless network operation 👇
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