Ethereum

can someone who understands this much better than me show me how restaking doesn't totally turn a decentralized system into a fragile one vulnerable to cascading risk

ceo @ helius.dev, host @ lightspeed, ex coinbase — wartime shitposter

it is hard to answer the question given your framing. can you share a bit on how you reached this conclusion?

views are my own, protocol @ eigen labs; prev working on decentralization @ gitcoin, llama, stanford medicine.

We need that blog post @kydo!! I’ve been on a soul-searching quest since our chat.

Robust Incentives Group @ Ethereum Foundation

https://rig.ethereum.org

Perfect timing. Just got off of vacation. Time to grind it out now.

I think he’s saying how if one gets slashed it might lead to slashing across the board or something like that

Neither fish nor biscuit. I organise Ethereum Singapore and help at clrfund.  I dont think I have to be who I am on Twitter here and I love it

Yup, and that is by design.

If you execute Uniswap wrong, you get slashed. And guess what? The economic security behind Maker also decreases.

When you become an Ethereum validators, you secure all dApps.
When you become an EigenLayer validator, you secure all AVSs.

Applied to web3, basically one scenario might be the ethereum validator gets damaged and goes down and then the eth staked, restaked also go down thus affecting the network. Afterall the eth restaked will always be < total eth staked so it inherits some but not all the security