As of 3:10 p.
The PoS Beacon Chain has been running alongside the Ethereum mainnet, and this test processed mainnet transactions on nodes that had been merged with the Beacon Chain.
So, you will need to transfer your fiat money back to your bank account once you have sold your Ether.
This makes it impossible for any centralized body to create new coins arbitrarily — there's no equivalent of a central government to print new dollars — which crypto enthusiasts believe helps preserve the value of these cryptocurrencies.
You can learn more about that by.
We've also seen them offer pooling services for their users who might not have 32 ether but still want to validate the network.