ICYMI: Vitalik Buterin proposes to increase fees for the participants of staking pools controlling over 15 % of network Ethereum $ETH ETH
Many Ethereum enthusiasts are concerned about the possible centralization of ETH2 staking process. As such, they are discussing measures to prevent the 'oligarchs' from domination.Pseudonymous Ethereum enthusiast Superphiz.
Namely, he is guessing which pool will be the first to limit its own staking 'power' transactions) by e.g. 22 per cent of total validators number.Potentially, this decision would cut the profits of this 'pioneer' but it would greatly contribute to the health of network as a whole by reducing the possibility of 51% attack.
Ethereum's founder Vitalik Buterin proposed 'economical' motivation for this limit. It looks reasonable for him to increase fees for the participants of staking pools controlling over 15 % of network. Speculative controversial take: we should legitimize price gouging by top stake pool providers. Like, if a stake pool controls > 15%, it should be accepted and even *expected* for the pool to keep increasing its fee rate until it goes back below 15%.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Ethereum Whale Transactions Hit 4-Month HighSantiment reported that Ethereum whales have started to aggressively accumulate ETH after four months of inactivity.
Les mer »
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg – Defi Bitcoin NewsLido’s bonded ethereum tokens have been under pressure due to an imbalance on Curve’s bonded ethereum (stETH) and ethereum pool.
Les mer »
Polkadot vs. Ethereum: Two equal chances to dominate the Web3 worldPolkadot is complementary to Ethereum. However, a detailed understanding of what Polkadot offers has led many to believe it will overwrite Ethereum’s Web3 narrative, argues Oleh Mell, developer of SubsocialChain.
Les mer »
Will the Ethereum 2.0 update reduce high gas fees?Ethereum’s gas fees have long been an issue among its users. Will Ethereum 2.0 finally eliminate this problem?
Les mer »
Billboard Explains: How to Dominate at the Billboard Music AwardsThe latest episode of BillboardExplains dives into who some of the biggest Billboard Music Awards BBMAs winners in history are, and who might dominate this year.
Les mer »
Australia’s first Bitcoin and Ethereum ETFs launched by Cboe Australia and ETF SecuritiesThe three new ETFs under-performed bullish market expectations amid a global sell-off in the underlying prices of bitcoin and ether, the AFR said.
Les mer »