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cqb pfp
cqb
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If the us has a "strategic" eth reserve doesn't that give them a pretty big (read: outsized) influence on fork choice? We talk a lot about how usdc and other stable coins could legitimize a fork based on which assets they recognize. But, imagine if the us starts staking eth validators and then, because it's government, they never update their clients for upgrades and only recognize the old chain. Are we just stuck with that chain because of their economic influence? Are we cool with (committed to) forking out and slashing the us government?
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Degengineering | $DGNGX pfp
Degengineering | $DGNGX
@degengineering.eth
First thing first, having Ethers in a strategic reserve does not mean these Ethers will be staked... but there are high chances they will. Why not? In such a case, rules are simple: The more you stake, the more you validate, the more you have to say about what is right or wrong. Now the real questions are: 1. How will Ethereum manage govs and companies which have a significant stake and can basically "bend the consensus or heavily weight on decisions about the network upgrades? 2. Are you ready to oppose the US gov in case you want to support an upgrade/fork the US gov does not want?
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