Vitalik Buterin floated the idea of significantly reducing the amount of ETH required to become an Ethereum staker.
In a new blog post, the Ethereum founder states that it currently takes about 15 minutes to complete a block and that 32 ETH is required to act as a staker.
Buterin said these specifications were designed to find a compromise between three goals: maximizing the number of validators that can stake, minimizing time to finality, and minimizing node execution overhead. It is said that it is a compromise solution.
However, Ethereum founders have stated that these requirements are subject to change.
“Ideally, we would like to maintain economic finality while simultaneously improving the status quo in two areas:
- End the block in one slot instead of 15 minutes (ideally keep the current 12 second length or even reduce it).
- Allow validators to stake at 1 ETH (down from 32 ETH)
The first goal is justified by two goals, both of which can be seen as “matching the characteristics of Ethereum with those of a (more centralized) performance-oriented L1 chain.''
First, it allows all Ethereum users to actually benefit from the higher level of security guarantees achieved through the finality mechanism. Nowadays, most users don't do that because they don't want to wait 15 minutes. Single-slot finality allows users to ensure that a transaction is completed almost immediately after it is confirmed. Second, the protocol and surrounding infrastructure are simplified if users and applications do not have to worry about the possibility of the chain being undone, except in the case of relatively rare inactive leaks. ”
Buterin says the reduction in staking requirements will help support solo stakers.
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