EthStaker

ETH's staking econ is under scrutiny. A post by @caspar highlights an issue: if left unchanged current incentives could lead to a majority of ETH being staked, posing risks to the network's decentralization. Lets break it down

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0/9

ETH's staking econ is under scrutiny. A post by @caspar highlights an issue: if left unchanged current incentives could lead to a majority of ETH being staked, posing risks to the network's decentralization. Lets break it down

🧵
0/9

https://ethereum-magicians.org/t/electra-issuance-curve-adjustment-proposal/18825

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

surely the tinkering with the monetary policy will slow down after this round of tinkering

Ethereum

ETH as the money/SoV of the onchain economy is the most important driver of value for ETH

Every other value driver is additive but no where near as important as ETH being money

Once you understand this, you stop seeing the matrix code and only see the woman in the red dress

Probably not. Scaling decentralized compute (and we're scaling .o0) is extremely hard, emerging problems pop up and the community needs to react to them. Doesn't change the fact ETH is money within the onchain economy. Different goals than the holy orange coin

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

do you have any fear at all that leaving the possibility for "the community to react to" emerging problems will ever lead to fatal outcomes for ETH as money?

Probably not. Scaling decentralized compute (and we're scaling .o0) is extremely hard, emerging problems pop up and the community needs to react to them. Doesn't change the fact ETH is money within the onchain economy. Different goals than the holy orange coin

https://warpcast.com/sassal.eth/0xd966ee89