3 ms·
It's not passive though. You get paid for running a node and validating transactions. You stake ETH as a surety bond that you'll do it correctly.
by DennisP 4y ago
It's not passive though. You get paid for running a node and validating transactions. You stake ETH as a surety bond that you'll do it correctly.
- jhugo 4y agoThose things are not as coupled as you make them sound: the vast majority of people getting paid interest on their ETH won't be running a node. They'll be receiving interest passed on by exchanges or other centralised entities that are staking their ETH.
- DennisP 4y agoAnd if those entities give them some kind of token they can trade around, giving them rights to their deposit plus some profits, that token might well be a security. But if I loan you dollars and you promise to do something profitable and give me more dollars back, that doesn't make the dollar a security.