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?
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?
I think ETH want to test their new staking system with low amount of people first, so they made the requirements like that so not many people can join it.
Maybe if they reach their success with staking, i'm sure they will lower the requirement for inviting more people to join their staking feature.