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> The thing that matters is how valuable the 32ETH stake the validators put up is as that is the amount of penalty for trying any attack. Well, there wouldn't
by dlubarov 6y ago
> The thing that matters is how valuable the 32ETH stake the validators put up is as that is the amount of penalty for trying any attack.
Well, there wouldn't be much point in attempting an attack if the attacker didn't have the ~1/3 voting power to successfully execute it, right?
- terhechte 6y agoBut acquiring ~1/3 voting power is much easier when 32 ETH are worth ~$3.2 vs when they're $60k Also: People stake ETH under the expectation that the ETH they generate are worth just as much or more as the ETH they staked. If the price would continuously go down, less and less people would stake. The less people stake, the easier it is to buy 1/3 of voting power.