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I'm not saying the basis of ETH consensus is based on inter-personal trust. The conversation started by a complaint of 32 ETH required to run a validator being
by googlryas 4y ago
I'm not saying the basis of ETH consensus is based on inter-personal trust. The conversation started by a complaint of 32 ETH required to run a validator being out of reach of normal people, so I provided multiple other options for how a normal person can take part in this.
- katkatkatkatket 4y agoYou gave one suggestion, which was based on inter-personal trust. This removes a major benefit of taking part in the Ethereum ecosystem. If it became a widespread way for people to take part in Ethereum's staking mechanism then yes, Ethereum's consensus would effectively be based on interpersonal trust (which is something that the developers have gone to great pains to avoid).
- googlryas 4y agoI gave two suggestions - join a pool, and run a pool.
- katkatkatkatket 4y agoBoth of which (essentially the same thing - "be in a pool") require trust, which destroys a key advantage of Ethereum (and cryptocurrencies in general).