According to the co-founder of Allnodes hosting partner Konstantin Boyko Romanovsky, the launch of the Rocket Pool service for Ethereum 2.0 made it possible to reach the second stage limit in just 45 seconds.
During the first two days of operation, Rocket Pool registered 237 node operators in 42 locations globally with 1,088 Ether (ETH) deployed. According to the platform’s announcement, its total value is now locked at 4,000 ETH ($13.9 million), including protection against the platform’s RPL token.
According to the white paper, Rocket Pool aims to become “the core infrastructure for Ethereum stakeholders, providing a decentralized and easy-to-use network of stakeholders for individuals and businesses.”
The protocol is implemented gradually over a period of four weeks. In the first phase of Tuesday’s launch, the protocol’s limits were rapidly increased. During the second phase of the launch on Wednesday, the node operator’s minipool slots were exhausted just 45 seconds after launch. The deposit pool limit of 480 ETH ($2.3 million) was quickly reached.
Initially, the launch of Rocket Pool on October 6 was delayed due to a possible vulnerability that was found on the network.
Boyko-Romanovsky said both phases this week went smoothly, with the exception of a few minor changes made on Monday to change the site to display “mainnet” instead of “testnet”.
The launch of Rocket Pool marks the removal of many barriers to entry for Eth2 players. An Eth2 node typically requires a deposit of 32 ETH ($155,000) to run and has a continuous uptime.
Rocket Pool allows individuals, businesses, and decentralized applications to earn rewards in excess of the minimum 0.01 ETH using the Beacon Chain without having to maintain a betting infrastructure.
Related: Missile pool launch delayed after competitors discover vulnerability
While centralized services like Binance or Coinbase have the advantages of making effort a quick and easy option for beginners, using a centralized service provider will cost you private key transfers and discounted rewards.
Decentralized betting services such as Rocket Pool (and other protocols such as Blox staking and Stkr) use an untrusted betting application and do not have user verification or withdrawal keys.
Boyko-Romanovsky told Cointelegraph that Rocket Pool is “a great example of a decentralized solution for Ethereum.”
“The more of these services there are, the more opportunities Ethereum will have, and the more people will like decentralization.”