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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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Mac Budkowski แต
@macbudkowski
+1, it's easier to find a good Internet connection than lock in $80k
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Vitalik Buterin
@vitalik.eth
I do think the phenomenon of people who have $10m but are too lazy to figure out how to upgrade their internet is very real, and of course each one of them solo staking means up to $10m not in the hands of an institutional staker or LST, so I don't want to lean on the argument *too much*. But I think even despite this, on balance reducing min deposits is more important than reducing min performance reqs, and we haven't quite appreciated this.
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Icetoad ๐ฉ ๐ ๐ถ ๐ ๐
@icetoad.eth
Wait, you're serious? There's people with 10m of ETH and shitty internet?
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Vitalik Buterin
@vitalik.eth
yeah totally, half the time I'm one of them
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Vitalik Buterin
@vitalik.eth
But even for stationary people, a common situation is that the kind of plan that people get by default is a plan that is good for download but bad for upload, because that works for most consumers (but is of course crap for running nodes). So you need to get some more specialized plan to have good upload. This takes effort. And as the "sign up in 30 seconds" silicon valley product design canon knows, even small effort hurdles can be a deal-breaker for people.
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Icetoad ๐ฉ ๐ ๐ถ ๐ ๐
@icetoad.eth
I just checked the Bell Fibre plans around here and most of them are 1:1 download:upload but I'm sure that's not the norm. I feel like 10:1 is what I used to see as typical.
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Vitalik Buterin
@vitalik.eth
I think for Torontonians it's fine, it's more about people who are in more disadvantageous regions (rural areas, less developed countries...). They often _can_ get fast internet, but it's tricky to. I personally tend to frequently hop back and forth between privileged and unprivileged internet zones ๐ ๐
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Icetoad ๐ฉ ๐ ๐ถ ๐ ๐
@icetoad.eth
Makes sense. I'm kinda on the edge of an urban/rural area here in Ontario and we only went from DSL to fibre service availability a couples years back. Upload bandwidth was always a precious commodity with DSL, as you can imagine haha.
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