Ethereum

Cross-posting a thought on staking from the other app:

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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.

+1, it's easier to find a good Internet connection than lock in $80k

Building @kiwi 
Writing @ https://kanfa.macbudkowski.com/

Interesting 🤔 

And what do you think about the geographical stakers diversity on the cities vs. rural areas spectrum? I know diversity is important at the level of countries/continents, but I'm wondering if this smaller-scale spectrum matters, too. 

The reason I'm asking is that if someone lives in a big Western city, it's hard to have bad Internet because the baseline bandwidth is pretty high. But I imagine that living in the suburbs or closer to the forest could pose bigger problems with getting a good connection.

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.

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

True, we might need to go down more eventually

Would going down from 80k to 40k move the needle though? Hard for me to imagine, maybe <10k would though.