Post
Topic
Board Altcoin Discussion
Re: 32 ETH for staking?!
by
meliodas
on 01/11/2019, 04:24:14 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

I agree to you this 32 ethereun is a huge amount of money specially if you are average people butto think on the other scenario you will get a good amount of return by staking your ethereum. I think those people who have a lot ethereum on their bags will benefits this staking.
32 Ethereum is not a huge amount of money if we will compare it to other cryptocurrency that offers staking and masternode. With the performance and the vision of ethereum for the future, I think that it is really worth it investment and to be honest, I am saving up my money to reach that minimum so I can have another source of income.