pa7x1

16 ms·

121.
by pa7x1 4y ago
> Specifically, I'd love the intuition behind why it must be so that if the laws of physics are time/position invariant, it must be impossible to create or destroy energy/momentum. The geometrical intuition is that the mom
122.
by pa7x1 4y ago
In science why questions are not answered within the framework that raises them, you need a larger encompassing theory that explains the phenomena within a larger scope to answer them. In this larger encompassing theory you can sometimes an
123.
by pa7x1 4y ago
Distilled water and sterile water are not the same. You want sterilized water.
124.
by pa7x1 4y ago
The foundation doesn't add anything because they don't write the clients. The foundation does research and gives grants using its resources to fund specific areas and fund related infrastructure. The next upgrade and what it incl
125.
by pa7x1 4y ago
Staked ETH derives profit from your own effort. You have to buy equipment (consumer-grade computer), pay for internet and energy costs to have it plugged and put your own effort in maintaining it online, operational and secure. This is basi
126.
by pa7x1 4y ago
First one is Lido and second one is Coinbase both of them are pools. Lido is more decentralized than Coinbase as the stake is spread across many different staking providers. In any case the situation is not ideal and a bigger uptake of solo
127.
by pa7x1 4y ago
Basically yes but in fairness there is a bit of operational expenditure. You need to pay a bit for energy (there is still a computer that needs to run), internet costs and your HW may need to be renewed every 5 years or so (perhaps longer).
128.
by pa7x1 4y ago
Ethereum has never reverted the blockchain which is what breaks immutability. In fact, you can go back in history and find the DAO creation, the hack, and even the transaction that reverted the stolen funds. This is, by the way, unlike Bitc
129.
by pa7x1 4y ago
The rough breakeven time is 42% of the time. If your validator is online more than that you are making money, less than that you lose it. So the protocol is rather forgiving in uptime. That's why it's much better to not run failov
130.
by pa7x1 4y ago
The yield a staker receives from the protocol is composed of 2 parts *: - Issuance - Tips The issuance is defined programmatically by the protocol and is dependent on the number of validators (stakers). There is a formula for it that basica
131.
by pa7x1 4y ago
There is no difference as far as I know. The network is supposed to finalize blocks that are almost 13 minutes old. If it's not able to do that because there is not sufficient quorum then it starts the inactivity leak phase and the pen
132.
by pa7x1 4y ago
There is an inactivity leak that gets triggered if you prevent with over 1/3 of your votes from the network reaching consensus. Inactive validators start to leak ETH from their stake until they become less than 1/3 of the total st
133.
by pa7x1 4y ago
There are decentralized staking pools. https://rocketpool.net/
134.
by pa7x1 4y ago
It is much cheaper to run a staking operation but not 0-cost. You still need an internet connection to pay and a bit of energy to run your validator. You may owe taxes on staking rewards, etc... So there is likely to be some selling by vali
135.
by pa7x1 4y ago
What I think he means is that there is no in-protocol mechanism for slashing a censoring validator. But you can reach a social consensus (i.e. outside the protocol) and decide to slash the censors. At that point there would be effectively t
136.
by pa7x1 4y ago
There is no separate notion of slasher, every staker is potentially a slasher. Slashing evidence can be included when you make a block. Doing so is rewarded, so you are economically incentivized to report slashable offenses if you find them
137.
by pa7x1 4y ago
Absolutely not the case. You can verify the transactions without owning any ETH, you cannot participate in the reward process for your efforts though for that you need to be a validators and put up your stake. The parallel with Bitcoin is q
138.
by pa7x1 4y ago
When a validator adds a block to the ledger it can include evidence of slashable offenses. Including evidence of a slashable offense gets rewarded so every validator is incentivized to include them. Further reading: https://eth2b
139.
by pa7x1 4y ago
I think you have this completely wrong. Bitcoin avoids hard forks by all means, they implement soft forks. Ethereum uses hard forks often an liberally. This new change is a hard fork. In a hard fork those that want to stick with the old rul
140.
by pa7x1 4y ago
There is no actor in charge of surveilling the network. Every validator is. And every validator is incentivized to do so because you get a reward coming from the slash penalty. So everyone is checking on everyone else.
141.
by pa7x1 4y ago
The HW requirements increase very very minimally. See this response on reddit: https://www.reddit.com/r/ethstaker/comments/nk9qzt/multiple_...
142.
by pa7x1 4y ago
This is true also in PoS. If 90% of the validators censor a transaction, i.e. Do not include them in their blocks, the censored transactions would take 10x longer to be included but they would be included eventually.
143.
by pa7x1 4y ago
Alternative public RPC nodes, for those curious: https://ethereumnodes.com/ Or you can set up your own, as doing so is permissionless. You don't even need a GPU or Ether. Just a regular computer, broadband and 2 TiB S
144.
by pa7x1 4y ago
I always find interesting the people that claim with certainty that technology cannot solve X when there are no known physical laws forbidding it. Scalability is already being tackled, rollups are already scaling Ethereum today. In combinat
145.
by pa7x1 4y ago
Great question. You can check here how the 32 ETH came to be: https://github.com/ethereum/annotated-spec/blob/master/phase...
146.
by pa7x1 4y ago
Will try to answer some of the questions. > Does proof-of-stake generally mean the more money you have the more influence you get over the consensus? Ethereum does not have on-chain governance, so having more stake doesn't grant you
147.
by pa7x1 4y ago
True, but these are costs that affect large scale operators so they are not a barrier to entry. If anything they highlight that in some ways a small hobbyist is positioned to be as profitable as a large scale operator.
148.
by pa7x1 4y ago
Indeed. So let me flesh it out a bit more. You can run a validator using 100W (conservative figure) of energy and an Intel NUC with 2 TiB SSD (you can even run it on a Raspberry Pi but no need to be too greedy in HW resources). That's
149.
by pa7x1 4y ago
You get assigned by a random number generator to create the next block. If you fail to create it your only penalty is the opportunity cost (i.e., you miss on the reward that you would have gotten for creating one). So at any given time only
150.
by pa7x1 4y ago
The merge and with it the transition from Proof of Work to Proof of Stake will reduce Ethereum's energy consumption by a factor of ~2000 or 99.95%. You can literally run an Ethereum PoS node in a Raspberry Pi. Source: https:/&#x2

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