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It seems there will be pool staking in ETH, although I agree ideally staking threshold should be low. Consider the case with Proof of Work (ASIC-based): you ne
by gnramires 5y ago
It seems there will be pool staking in ETH, although I agree ideally staking threshold should be low.
Consider the case with Proof of Work (ASIC-based): you need to purchase specialized hardware for several $k (apparently at least $2k), spend more on specialized infrastructure (power supply, cooling, servers) and live somewhere with almost free energy. Otherwise it's just not economical to mine. This leaves out the vast majority of people as well, and incentivizes (1) massive economies of scale of farms, (2) shady or corrupt deals for free energy, through local government or simply illegal connections to the network.