A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53475 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
53475 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
Relevant
Hot
New
Spam
Relevant
Hot
New
Spam
0
30.8K
0
30.8K
Relevants Chris Remus discusses the current issues with centralisation of staking in Proof of Stake networks, and how we risk just replicating legacy institutions in this new system if this can't be resolved. "Proof-of-stake blockchains are becoming centralized among a few validators, repplicating the flaws of traditional as the rich get richer."
Relevants Chris Remus discusses the current issues with centralisation of staking in Proof of Stake networks, and how we risk just replicating legacy institutions in this new system if this can't be resolved. "Proof-of-stake blockchains are becoming centralized among a few validators, repplicating the flaws of traditional as the rich get richer."
Thank you for posting this here 🙏
Thank you for posting this here 🙏
Worrying indeed. That the impermanent loss issue is easy to manipulate doesn’t make it more optimistic. Hope alone doesn’t help, education does. Thanks for your train of thought, greatly appreciated it!
Worrying indeed. That the impermanent loss issue is easy to manipulate doesn’t make it more optimistic. Hope alone doesn’t help, education does. Thanks for your train of thought, greatly appreciated it!
It's a really good article Chris 👍
It's a really good article Chris 👍
on the single biggest contributor to centralization: "default sorting validators by stake, with the largest stakes at the top of the list. Delegators see who has the lowest fee among the top 3 to 5 validators & pile their delegation on them"
on the single biggest contributor to centralization: "default sorting validators by stake, with the largest stakes at the top of the list. Delegators see who has the lowest fee among the top 3 to 5 validators & pile their delegation on them"
"The great point opinion staking economy"
"The great point opinion staking economy"
Some low-ranking comments may have been hidden.
Some low-ranking comments may have been hidden.