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If you are someone who is usually out on the streets every other day, then you must have noticed how polluted our environment is and there are several factors responsible for the same. On the flip side, there are some people as well as organizations that are working hard to diminish the effect of globalization and industrialization on the crypto economy. There's a platform that works towards providing users with a Green crypto trading platform and yes, that's none other than Ecoterra.

Well, if you are an active trader in the crypto economy, then you must be having some idea about it. However, if you do not have the slightest hints regarding this, then this article has got you covered in many ways. Yes, you read that right.

The article below will cover all those reasons that made Ecoterra the greatest crypto project of the year 2023. So, here we go.

Recycling is at the core of Ecoterra 

The platform promotes recycling on a larger scale because it helps in reducing the damage which is caused by pollution. Apart from making people recycle different items to earn crypto rewards, it also preserves trees and saves energy.

As we know that most of us do not give heed to recycling the items we use, however, Ecoterra came up with the idea to reward people in return for the efforts that they make towards recycling different items. This means, if you recycle a plastic bottle, a can, or any other item, you are surely going to get rewarded with $ECOTERRA.

A good way to earn crypto assets for free 

People seem to lack interest in things that do not benefit them on a personal level. Hence, in order to derive the true essence of the project and keep people motivated towards recycling the waste items, the Ecoterra project came up with the idea to let people earn crypto rewards in return for their act of recycling the objects.

Their smaller steps towards recycling will benefit both the environment, give into the popularity of the Ecoterra platform, as well as help people earn $ECOTERRA without doing much. In addition to earning these crypto tokens, you may also be able to stake those tokens and it will generate some passive income for you.

An app that would keep track of your contribution 

Apart from rewarding users, Ecoterra has developed a very user-friendly mobile app that aims towards making the recycling process a seamless experience for you. With this, you may be able to track your efforts, get information on the products that you wish to recycle, locate the nearest RVM (Reverse Vending Machine), scan the bar code of the item you wish to recycle, and do much more.

In addition to this, the app would also make it easier for you to generate the confirmation receipt for the recycled item and how much $ECOTERRA you have been rewarded with. Hence, this app makes it pretty easier for interested users towards making an effort in recycling.

Summarizing it all: 

In addition to the facts given above, there's one more reason why this project is being liked by existing as well as new crypto traders is because of its contribution towards the "Carbon Offset Market." Hence, if you are even a bit concerned about preserving nature, and diminishing the impact of carbon emissions, then Ecoterra has got you covered.

The platform works wonders for those who are interested in making the earth a better place to live as well as earning some cryptos for free. 

Are you wondering how to create and fund a validator on Beacon Chain? If yes, then fasten your seat belts and take a ride with us in the further sections of this write-up.

In our further content, we will cover an easy instruction guide that will help you to become a validator by creating and funding the validator’s keys.

Pre-requirements to become a validator: 

We have mentioned below some pre-requirements for becoming a validator on Beacon Chain.

  • Must have Windows / Linux / mac OS.
  • A web3 wallet like MetaMask, Wallet Connect, and more. 
  • Have at least 32 ETH (Ethereum) available in your wallet. 
  • Download the official “Eth 2.0 deposit cli” in order to create your validator keys.

Once you complete all of these requirements, first you need to create validator keys, then fund the validator with 32 ETH each.

Procedure to create validator key:

Follow these simple steps to create validator keys for becoming validator on Beacon Chain within a few clicks on your OS, 

  1. In the initial step, download the official "ETH 2.0 deposit cli" on your preferred OS and then open the terminal window.
  2. Double-click on deposit.exe in order to add the command. In this step, you need to add “new-mnemonic --num_validators 2 --chain mainnet”.

Note:We are creating 2 validators as an example so you can adjust “2” in the previous step according to your own needs”.

  1. Enter the language “English”.
  2. Set a password according to your choice. For example, if you want to set “121212” as your password, then type password121212. This will be used to import and decrypt your validator's keys. 
  3. Now, you can see a Mnemonic phrase on your screen. Then, copy the phrase or note it down on a blank paper and keep it in a secure place. 
  4. Press Enter after noting down the Mnemonic phrase.
  5. Now, you have to verify your phrase by pasting it or typing it in same order as it was shown in step 4 and then again press Enter.
  6. Now you will be able to see your 2 validator keys, located at the end of the entire process.

Once you followed all of the steps, you will get the following files,

  • Deposit_data.jasonthat will be used to fund the validators, each with 32 ETH.
  • Keystore-m.json(per validator), an encrypted version of the validator key that can be decrypted by using the password that you have chosen in step 4.
Procedure to fund the validator: 

Follow these simple steps to fund or become a validator on Beacon Chain, 

  1. Go ahead to the official Ethereum 2.0 Launchpad and hit on “Become a validator”.
  2. Navigate through the advisory process by clicking on “Continue” and then on “I accept” (several times).
  3. Now you will be prompted to select an ETH 1 and ETH 2 client and then click on “Continue”.
  4. Select the number of validators that you would like to run and then hit on “Continue”. 
  5. Upload the deposit_data.jason file and connect MetaMask Wallet to fund the validators.
  6. In the final, you just need to deposit 32 ETH to a single validator and then wait for at least 30 minutes before trying to resubmit the transaction. 

After completing the last step, the deposit will appear on a  Beacon Chain explorer (beaconcha.in) in a few minutes.

Bottom Line:  

Overall, that’s how you can create and fund a validator key on Beacon Chain within a couple of steps. And if you face any difficulty while creating and funding it, then review the instructions mentioned by us in the above sections of this write-up.

Are you wondering how to create and fund a validator on Beacon Chain? If yes, then fasten your seat belts and take a ride with us in the further sections of this write-up.

In our further content, we will cover an easy instruction guide that will help you to become a validator by creating and funding the validator’s keys.

Pre-requirements to become a validator: 

We have mentioned below some pre-requirements for becoming a validator on Beacon Chain.

  • Must have Windows / Linux / mac OS.
  • A web3 wallet like MetaMask, Wallet Connect, and more. 
  • Have at least 32 ETH (Ethereum) available in your wallet. 
  • Download the official “Eth 2.0 deposit cli” in order to create your validator keys.

Once you complete all of these requirements, first you need to create validator keys, then fund the validator with 32 ETH each.

Procedure to create validator key:

Follow these simple steps to create validator keys for becoming validator on Beacon Chain within a few clicks on your OS, 

  1. In the initial step, download the official "ETH 2.0 deposit cli" on your preferred OS and then open the terminal window.
  2. Double-click on deposit.exe in order to add the command. In this step, you need to add “new-mnemonic --num_validators 2 --chain mainnet”.

Note:We are creating 2 validators as an example so you can adjust “2” in the previous step according to your own needs”.

  1. Enter the language “English”.
  2. Set a password according to your choice. For example, if you want to set “121212” as your password, then type password121212. This will be used to import and decrypt your validator's keys. 
  3. Now, you can see a Mnemonic phrase on your screen. Then, copy the phrase or note it down on a blank paper and keep it in a secure place. 
  4. Press Enter after noting down the Mnemonic phrase.
  5. Now, you have to verify your phrase by pasting it or typing it in same order as it was shown in step 4 and then again press Enter.
  6. Now you will be able to see your 2 validator keys, located at the end of the entire process.

Once you followed all of the steps, you will get the following files,

  • Deposit_data.jasonthat will be used to fund the validators, each with 32 ETH.
  • Keystore-m.json(per validator), an encrypted version of the validator key that can be decrypted by using the password that you have chosen in step 4.
Procedure to fund the validator: 

Follow these simple steps to fund or become a validator on Beacon Chain, 

  1. Go ahead to the official Ethereum 2.0 Launchpad and hit on “Become a validator”.
  2. Navigate through the advisory process by clicking on “Continue” and then on “I accept” (several times).
  3. Now you will be prompted to select an ETH 1 and ETH 2 client and then click on “Continue”.
  4. Select the number of validators that you would like to run and then hit on “Continue”. 
  5. Upload the deposit_data.jason file and connect MetaMask Wallet to fund the validators.
  6. In the final, you just need to deposit 32 ETH to a single validator and then wait for at least 30 minutes before trying to resubmit the transaction. 

After completing the last step, the deposit will appear on a  Beacon Chain explorer (beaconcha.in) in a few minutes.

Bottom Line:  

Overall, that’s how you can create and fund a validator key on Beacon Chain within a couple of steps. And if you face any difficulty while creating and funding it, then review the instructions mentioned by us in the above sections of this write-up.

Ready to become a validator to participate in ETH staking? If you’re looking for the best platform and an instruction guide to do so, then don't worry because we are here to help you with Bitfly staking platform. 

In our further content, we will cover some topics such as pre-requirements for staking on Bitfly and an easy instructions guide that will help you to add a validator key to start staking on the platform.

Pre-requirements to stake on Bitfly:

After reading through the above section we are sure that you are now interested to stake on Bitfly but before you start, you have to complete some basic requirements including,

  1. First of all, get access to web3 wallet such as MetaMask.
  2. Purchase at least 32 Ether (ETH). 
  3. Download the official Eth2.0 “Deposit-cli” in order to create validator keys.
  4. Once you complete the previous instruction, you will receive deposit_data.json (used to fund the validators) and keystore-m.json (per validator) files.
  5. Go ahead to the official Ethereum 2.0 Launchpad and then fund the validators by using 32 ETH in your MetaMask. In this step, you will be prompted to deposit_data.json file that you have created on “Deposit-cli”.
  6. Once you successfully fund your validator, the deposit will be visible on beaconcha.in and then you will also be able to see your validator public key.

After following all of these instructions, you can easily take part in ETH staking on Bitfly by depositing your keystore.json file. But if you are unaware of how to do so, then take a dive with us in the next section of this write-up.

Steps to upload your validator keys to start staking on Bitfly:

We have mentioned below an easy step-by-step guide that will help you to upload your validator keys to start staking on Bitfly.

  1. First of all, open your Google Chrome or any other preferred browser and visit ethpool.org. 
  2. Now, click on “Register”, located at the top right corner of your screen.
  3. Type the Email ID in the first text field that you would like to register with the platform.
  4. Create a unique and strong password and then type it in the second and third text fields.
  5. Tick on “I agree to the Terms and Conditions and Privacy Policy” and then click on “Register”.
  6. Once you have verified your Email ID and logged in to the platform, click on “Start Staking”. 
  7. Select “Yes, Take me to the advanced flow”.
  8. Agree to the “Terms and Risks” and then deposit your funded keystore.json file. 
  9. Enter your Keystore password in the given text field.
  10. In last, click on the “Upload” button and then follow the on-screen instructions to finish the entire process of starting staking on Bitfly.

Bottom Line:

Overall, that's how you can participate in solo staking on the Bitfly platform for generating a passive income. Along with that, the entire process of participating in staking through the platform can be difficult for beginners. But if you are an experienced crypto enthusiast, then you can do it by going through the above instructions.

Ready to become a validator to participate in ETH staking? If you’re looking for the best platform and an instruction guide to do so, then don't worry because we are here to help you with Bitfly staking platform. 

In our further content, we will cover some topics such as pre-requirements for staking on Bitfly and an easy instructions guide that will help you to add a validator key to start staking on the platform.

Pre-requirements to stake on Bitfly:

After reading through the above section we are sure that you are now interested to stake on Bitfly but before you start, you have to complete some basic requirements including,

  1. First of all, get access to web3 wallet such as MetaMask.
  2. Purchase at least 32 Ether (ETH). 
  3. Download the official Eth2.0 “Deposit-cli” in order to create validator keys.
  4. Once you complete the previous instruction, you will receive deposit_data.json (used to fund the validators) and keystore-m.json (per validator) files.
  5. Go ahead to the official Ethereum 2.0 Launchpad and then fund the validators by using 32 ETH in your MetaMask. In this step, you will be prompted to deposit_data.json file that you have created on “Deposit-cli”.
  6. Once you successfully fund your validator, the deposit will be visible on beaconcha.in and then you will also be able to see your validator public key.

After following all of these instructions, you can easily take part in ETH staking on Bitfly by depositing your keystore.json file. But if you are unaware of how to do so, then take a dive with us in the next section of this write-up.

Steps to upload your validator keys to start staking on Bitfly:

We have mentioned below an easy step-by-step guide that will help you to upload your validator keys to start staking on Bitfly.

  1. First of all, open your Google Chrome or any other preferred browser and visit ethpool.org. 
  2. Now, click on “Register”, located at the top right corner of your screen.
  3. Type the Email ID in the first text field that you would like to register with the platform.
  4. Create a unique and strong password and then type it in the second and third text fields.
  5. Tick on “I agree to the Terms and Conditions and Privacy Policy” and then click on “Register”.
  6. Once you have verified your Email ID and logged in to the platform, click on “Start Staking”. 
  7. Select “Yes, Take me to the advanced flow”.
  8. Agree to the “Terms and Risks” and then deposit your funded keystore.json file. 
  9. Enter your Keystore password in the given text field.
  10. In last, click on the “Upload” button and then follow the on-screen instructions to finish the entire process of starting staking on Bitfly.

Bottom Line:

Overall, that's how you can participate in solo staking on the Bitfly platform for generating a passive income. Along with that, the entire process of participating in staking through the platform can be difficult for beginners. But if you are an experienced crypto enthusiast, then you can do it by going through the above instructions.

Do you know that you can now earn rewards for the crypto assets you trade? If you are a professional or an intermediate-level of investor or trader, then you must be aware of it. And another important thing is that for accessing your account if you have enabled the 2-factor authentication but somehow have lost access to it, what can you do to get the account access back on Bitfly? 

This blog will guide you through some of the account regaining steps.

How to get back Ethermine staking account?

If you have lost access to the 2-factor authentication for your Ethermine Staking account, then you can take the help of following steps:

  1. In the first step, you will have to take a photograph of the government ID issued. 
  2. Open the official website and go to the ticket-raising counter.
  3. Now you will have to ask for the option of ‘2-Factor Authentication removal’. 

Remember that you will have to submit this ticket form via your registered email address of the Ethermine Staking account. 

Regaining access of Ethpool Account

If you are a user of Ethpool on Bitfly and are looking for the same process of account regaining, then follow the steps mentioned in this segment of the blog:

  • By using your Ethpool account you will have to authenticate a message from your Payout address. And then write a message that ‘Please remove 2FA from my Ethpool account’. Yes, the message should be the exact same and along with the message write your registered email address also.

Or

  • You can repeat the same process mentioned above, just by using the validator’s deposit address instead of a payout address.

Or

  • Another alternative step is by signing the same message to the validators by using the 0x01 withdrawal credential. 

Or

  • And the last alternative is the message should be delivered by using the validator keys. 

Once the above step is completed and the message has been submitted through the ticket system then the team will take some time to verify the details. And once the process of verification is completed successfully Bitfly will automatically remove the 2-Factor Authentication from your Ethpool account. 

Summing it up

If you are unable to get the links to execute the above process, then you should go to the support section of Bitfly  and from there you can easily find the link to submit your ticket. Another service of this platform is Ethermine Explorer. Traders or investors who want to view the detailed information of their transactions can use the Ethermine Explorer. And if you want to get access to it then you will have to open the official mining page but one thing that you should know is that the mining services are going to be closing soon. These mining services would be merged with the more updated version to improve the services. But this Ethermine Explorer tool was highly beneficial for increasing transparency among the users.