Ethereum researchers argue for a MAX_EFFECTIVE_BALANCE capped at 2,048 ETH, instead of 32 ETH. What are the reasons for this request? Answers in this article.
1.
Increase the MaxEB to reduce the number of validators
2.
What objectives?
Increase the MaxEB to reduce the number of validators
It’s necessary own 32 ETHor $55,000, to become a “ full validator on Ethereum. Otherwise, investors must integrate the staking pools. That is, join other users whose holdings combined with yours can reach 32 ethers.
But yesterday, Coinspeaker revealed that Ethereum developers want to change the game.
” For solo validators, the most immediate benefit of an increase in MAX_EFFECTIVE_BALANCE would be to enable instant compounding of ETH rewards by simply leaving them to the existing validator. All of a sudden, lone stakers can compete with big operations. »
This group of developers, consisting of Mike Neuder, Francesco d’Amato, Aditya Asgaonkar and Justin Drake, shared on ethresearch their wish to raise the ceiling of the MaxEB.
Here are some pictures taken from the site.
” Proposal – Increase the MAX_EFFECTIVE_BALANCE for encourage the reduction of the set of validatorsWho :
- unlocks single-slot 14 finality and built-in PBS 8;
- reduces unnecessary pressure 26 on the p2p layer.
Critically, we do not offer:
- increase the minimum amount of 32 ETH required to become a validator, or;
- to require any consolidation of validators (this process would be purely optional). »
What objectives?
” We consider that a reduction in the set of validators is essential for the consensus layer of Ethereum to be sustainable and scalable. “, note the developers.
It should be noted that at the moment this blockchain lists more than 600,000 active validators 3. However, 90,000 other validators are also in the activation waiting list of Ethereum.
” Although the presence of many validators is a sign of decentralization, the MaxEB artificially inflates the size of the set of validators by forcing large staking operations to use thousands of validators. We argue that increasing the MaxEB (i) unlocks future consensus layer upgrades on Roadmap 7, (ii) improves the performance of the current consensus mechanism and p2p layer, and (iii) improves operational efficiency for small and large validators », specifies the team to Mike Neuder.
Regarding this first point mentioned by Ethereum researchers, Vitalik Buterin has amply addressed it recently. You will find more details in his presentation of the future changes within the network.
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