Post
Topic
Board Altcoin Discussion
Re: My opinion on Ethereum 2.0
by
Jackl87
on 27/06/2021, 19:34:42 UTC
Hi guys,

Some days ago, I listened a podcast on ETH 2.0. Premised that I know ETH 2.0 and the new system PoS, but the podcaster sayied that "The Ethereum 2.0's PoS system risks creating a staking problems. Because only those who have at least 32 ETH will be able to validate the blocks". So, I'm thinking at this phrase. Why? The PoS minimum 32 isn't high, We're talking about around 60000€ like investment. The mining of ETH is more expensive. I think that today We have almost the monopoly of mining for BTC and Ethereum. The activity of mining with PoW is expensive and there's the discussion of the sustainable energy. Another point in favor of the PoS system is the passive interest. Sure, I know that It's a variable the interest because the price can up or down faster compared a speculative asset. Another point is the GPU market. I think that the new system PoS could avoid a new speculative for the GPU and a chip shortage. The negative of PoS is (in my opinion) the freeze of the yours ETH for validate a block, but maybe staking pool could resolve this problem?


Let me know

I think that a 60000€ investment is a big pretty amount of money for a "normal" person. I think the podcaster meant that it is not good for the ETH network that you need at least 32 Ethereum to run a node this means that most normal users can't run their own nodes which means that there won't be too much ETH nodes running. As far as i know it is still the statement "the more nodes in a network the better" is still true in terms of decentralization and also stability so i can understand the opinion of the podcaster. Small Ethereum holders can still send their tokens to a staking pool to receive a share of the PoS rewards, but if everyone sends his tokens to the same pool then we have a big centralization problem.