Bhutan Stakes 320 ETH via Figment Following National ID Migration to Ethereum
On December 18, Bhutan staked 320 ETH through blockchain infrastructure provider Figment after shifting its national ID system from Polygon to Ethereum, according to Onchain Lens.
ETH
Summary
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Terms & Concepts
ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and staking.
Staking: Locking cryptocurrency in a blockchain network to support operations and earn rewards.
Polygon: A scaling solution for Ethereum designed to offer faster and cheaper transactions.