Ethereum Validators Earn Rewards through Proof-of-Stake
Ethereum is a smart contract blockchain that supports decentralized applications and digital assets through programmable code. Launched in 2015, it operates as a public, decentralized network that records and validates transactions on a shared ledger.
After transitioning to proof-of-stake, the network relies on validators who commit ETH to help secure the blockchain and reach consensus on transactions. In return for their work, validators can earn ETH network rewards in the form of additional ETH.
The reward rates vary based on the total amount of ETH participating in staking on the network, among other factors. Ethereum's programmable design and broad ecosystem distinguish it from value-transfer-focused blockchains and traditional financial systems.