Ethereum 2.0 Staking refers to the process of participating in the Ethereum network by locking up a certain amount of ETH to support network operations. This is part of Ethereum’s transition from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS) model.In this new system, validators replace miners. To become a validator, an individual must stake a minimum of 32 ETH. By doing so, they contribute to block creation and transaction verification, ensuring the network remains secure and efficient.In return for staking ETH, validators earn rewards. These rewards can come from transaction fees and newly minted ETH. Additionally, staking helps reduce energy consumption, as it eliminates the intensive computational requirements of PoW.Ethereum 2.0 Staking is seen as a way to enhance scalability and security, allowing the network to process more transactions with lower fees. This evolution aims to make Ethereum more sustainable and accessible to a wider audience, ultimately fostering the growth of decentralized applications and services.