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It is not "incredibly expensive". Top 4 exchanges already hold > 50% of stake. Users give away their coins for free. For users, it's more expensive to run their
by Geee 4y ago
It is not "incredibly expensive". Top 4 exchanges already hold > 50% of stake. Users give away their coins for free. For users, it's more expensive to run their own validator nodes than staking on a centralized service.
- lupire 4y agoExchanges make money from transactions. If they destroy the network for their users, they lose all their cash flow.
- pcthrowaway 4y agoKind of like the top 2 mining pools owning more than 51% of the hashrate. At the very least, for an individual actor, it would be much more expensive to acquire 33% of all ETH than it would be to acquire 51% of the Bitcoin hashrate