Mark
@markodayan
One of the most interesting questions asked and tackled within the latest Ethereum AMA concerning ETH issuance and how we should approach it. Some great answers by @justindrake, @davidecrapis and @anderselowsson 👇🧵:
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Mark
@markodayan
@justindrake and @davidecrapis reponse: - Justin expresses we definitely have room to improve (we still early so lots of room to improve this) - Davide expresses the complexity that will come with controller design (many variables, disturbances, errors etc. to consider). Easier to just have more static solution with range of options to accomodate different locked/circulating supply conditions: Davide also covered this with a presentation late last year: davidecrapis.notion.site/Ethereum-Staki…
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Mark
@markodayan
@anderselowsson response👇: - Highlights several proposals/research directions in the wild right now. Emphasises a need to build up more conversations around ETH issuance policy to catalyse developments. - Highlights some of the risks in using a PID controller. Also mentions the inefficiency of constraining the controller to address these risks. - Expresses that we still need to better understand the dynamics at play with staking ratios floating close to 50%
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