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Simon Dorfman
@simondorfman
Any Americans want to learn how to use their retirement money to fund a solo Ethereum validator node? I wrote an article documenting my journey: https://www.yamlike.com/archive/fund-solo-ethereum-validator-node-with-ira/
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Thomas
@aviationdoctor.eth
Please, for the love of all that’s holy, don’t suggest Lido as an alternative to solo staking. Lido is an economic attack on the Ethereum network, and newcomers won’t be aware of the harm that it does. At the very least, if you want to suggest LSTs, there are more decentralized alternatives.
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Simon Dorfman
@simondorfman
What LSTs would you recommend?
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Q🎩
@qsteak.eth
Run a rEtH node, lower entry, promotes decentralization, easier than a full solo.
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Thomas
@aviationdoctor.eth
They finally fixed the Oracle DAO, didn’t they? At one point it was a significant centralization vector too.
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Q🎩
@qsteak.eth
I’m not sure if it’s implemented but I believe it is approved. Bit I don’t follow all that closely.
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Thomas
@aviationdoctor.eth
That’s why I’m hesitant to recommend any LST. Unless one follows closely, it’s a big responsibility. I first learned about the oDAO long after RP was already being recommended by everyone as the decentralized alternative, only to find out it’s wasn’t (at least at that time). Plus the pointless RPL token
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Q🎩
@qsteak.eth
That’s fair. The problem that I have with that is if a recommendation is not given, they WILL go with the biggest provider. If we wait for the perfect product, I’ll be too late. Imo, get them on the path, then transition once it’s developed. If they don’t change they wouldn’t have before either.
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Thomas
@aviationdoctor.eth
I agree with that, and if I had written that article myself, I would have focused on the topic (solo staking), and perhaps written a whole separate article about the pros and cons of LSTs. What I don’t want to do is accept the shift in responsibility implied by the author when they ask me which LST *I* recommend.
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