Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Vitalik Buterin Says Reducing Validator Stake From 32 to 1 ETH a Possible Future for Ethereum

Vitalik Buterin Says Reducing Validator Stake From 32 to 1 ETH a Possible Future for Ethereum

Daily HodlDaily Hodl2024/10/15 16:00
By:by Daily Hodl Staff

Vitalik Buterin has floated the idea of dramatically reducing the amount of ETH that’s required to be an Ethereum staker.

In a new blog post , the Ethereum founder notes that it currently takes approximately 15 minutes to finalize a block and 32 ETH is required to serve as a staker.

Buterin says these specs were a compromise designed to find a compromise between three goals: maximizing the number validators that can stake, minimizing the time to finality and minimizing the overhead of running a node.

The Ethereum founder says those requirements could change, however.

“Ideally, we want to preserve economic finality, while simultaneously improving on the status quo in two areas:

  1. Finalize blocks in one slot (ideally, keep or even reduce the current length of 12s), instead of 15 min
  2. Allow validators to stake with 1 ETH (down from 32 ETH)

The first goal is justified by two goals, both of which can be viewed as “bringing Ethereum’s properties in line with those of (more centralized) performance-focused L1 chains”.

First, it ensures that all Ethereum users actually benefit from the higher level of security assurances achieved through the finality mechanism. Today, most users do not, because they are not willing to wait 15 minutes; with single-slot finality, users will see their transactions finalized almost as soon as they are confirmed. Second, it simplifies the protocol and surrounding infrastructure if users and applications don’t have to worry about the possibility of the chain reverting except in the relatively rare case of an inactivity leak.”

Buterin says the reduction in staking requirements would help support solo stakers.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix

Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like