Post
Topic
Board Altcoin Discussion
Re: 32 ETH for staking?!
by
tsaroz
on 30/10/2019, 07:39:52 UTC
I came up with an article across the web, explaining Ethereum's staking requirements in the future which is going to be a minimum of 32 ETH. Multiplying this with current prices, I get an average of $5,780 (USD) (at $180 per coin). This doesn't seem cost-effective for the average person, as it's somewhat expensive to start earning rewards from the ETH blockchain. If ETH devs leave that requirement for staking upon the launch of Ethereum 2.0, I'm afraid that the blockchain will be less secure than what it is right now (as less people will be able to keep the network strong).

The best solution would be to lower the minimum ETH required for staking in order to encourage the average person to support the blockchain as much as possible. With lower costs, nearly anyone will be able to join the ETH blockchain, making it much more resilient against third-party attacks. What do you think about this? Huh
Lol the ETH 2.0 staking reward is not for average people in the space, the way i see things only whales will benefit from the staking, well this won't be a problem though because ETH is the second biggest coin in crypto space today

32ETH for a validator is very cheap compared to similar node of DASH. Currently there are about 109000 wallets that holds above 32 ETH.
Still many things are to be revealed about the validator node. Whether it would be a server friendly or not.