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40 sats \ 1 reply \ @Cje95 OP 7 Oct 2024 \ parent \ on: Coinbase's Talks With TradFi Firms Pick Up as Crypto Becomes More Bipartisan Politics_And_Law
I’m not sure there are incentives to change the pool structure ya know? By spreading it out your chance and your reward overall decrease. You are right with Eth PoS being a centralizing issue. They made it so expensive that you really had to if you were not a huge holder.
I imagine the first huge stacker to get slashed will wake up the Eth community but it’s going to take someone getting slashed to do so I think.
Largely I see BTC and ETH as two separate things it’s a reason why I actually hate BTC adding things to it to make it more ethereum like. Let ETH do that and stay in the lane that has and continues to make you so successful ya know?
Firstly slashing is a terrible precedent, it ruins the censorship resistance of the protocol which is one of the only reasons to have a blockchain in the first place but I understand why they need to have it. Because PoS is inherently fragile and centralizing they need someway to penalize those that misbehave. I just don't think any large entity will ever get slashed even if they are a bad actor. It's a damned if you do, damned if you don't. If a bad actor gets slashed then everyone has to take pause and say "is it possible my stake could get slashed as well" and if a bad actor doesn't get slashed it shows large stakers can control the protocol. I actually hope it happens at some point that they need to make that decision because I would be fascinated to see how it plays out but I am sure ethereum proponents and stakers hope it never comes to that.
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