Coinbase releases first Ethereum validator performance report: Number of validators reaches 120,000

ChainCatcher news, according to the official blog, Coinbase has released its first Ethereum validator performance report to provide transparency regarding its staking performance and validator operations.

The data in the report shows that the number of Coinbase validators has reached 120,000; the ETH staked to Coinbase validators amounts to 3.84 million, accounting for 11.42% of the total staked ETH; ETH staked through partners totals 581,500; there have been no slashing or double-signing events since its inception; the uptime is 99.75%; the participation rate is 99.75%; consensus client diversity: 2 types (Lighthouse, Prysm); execution client diversity: 2 types (Geth, Nethermind); relay diversity: 6 types; validator distribution: 5 countries and 2 cloud service providers.