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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Cross-posting a thought on staking from the other app: ------ Perhaps we should recognize that 32 ETH is much more of a barrier for stakers than bandwidth reqs, and temporarily do a trade where we up the bandwidth reqs a bit and in exchange drop the staking deposit minimum to eg. 16 or 24 ETH. It's net-good for both staking accessibility and scale. Then once we figure out peerdas, bandwidth reqs go back down, and once we figure out orbit SSF, the deposit minimum can drop to 1 ETH.
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Icetoad 🎩 πŸ• 🎢 🐈 πŸ’š pfp
Icetoad 🎩 πŸ• 🎢 🐈 πŸ’š
@icetoad.eth
While we are in the subject of staking, when the Pectra update is done (I know it's sounding like it will be a 2 piece update), won't increasing the amount of ETH allowed per node lower the number of nodes out there? Doesn't that run counter to the (I assume) goal you have with this bandwidth/ETH tradeoff you are suggesting in this cast?
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Thomas pfp
Thomas
@aviationdoctor.eth
The MaxEB change you are referring to is meant to decrease the number of validators and thus the P2P load. Presumably, the decrease in validator count from it will be large (e.g., from all the institutional and LST operators looking to consolidate their many nodes), and greater than the number of new stakers if the minimum balance is lowered. But that’s just an assumption, it would be worth looking at how many retail wallets have >24 and <32 ETH (native or LAT equivalent) to refine it. Being a home staker myself, I think it wouldn’t be worth staking with <32 ETH, because the consensus/attestation rewards (not counting the increasingly rare proposals) would be too small to justify buying and maintaining a node (such as a NUC). So I wouldn’t be surprised if lowering the floor turned out to be not that attractive to new stakers
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Icetoad 🎩 πŸ• 🎢 🐈 πŸ’š pfp
Icetoad 🎩 πŸ• 🎢 🐈 πŸ’š
@icetoad.eth
Interesting thoughts on the matter. I hadn't thought too deeply about it but it just seemed like maybe these new changes/discussed changes regarding staking were running counter to eachother.
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