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

According to the official blog, Coinbase released the first Ethereum validator performance report to provide transparency about its staking performance and validator operations.

Data in the report shows that the number of Coinbase validators reached 120,000;

3.84 million ETH staked to Coinbase validators, accounting for 11.42% of the total ETH staked;

581,500 ETH staked through partners;

No fines or double signatures since its inception;

Online rate is 99.75%;

Participation rate is 99.75%;

Consensus client diversity: 2 (Lighthouse, Prysm);

Execution client diversity: 2 (Geth, Nethermind);

Relay diversity: 6;

Validator distribution: 5 countries and 2 cloud service providers.