A community for the latest discussions on Ethereum research, token engineering, governance, and cryptonetworks. Decentralize everything.
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Proof of stake is at risk of becoming centralized from the outset. We need to empower dialogue and associated action to prevent this from happening 😬 That’s what the Decentralized Staking Defenders intend to do 💪
The incentives depend on delegator motivations, as well as herd mentality. Regarding the former, those who feel decentralization is critical are motivated to prevent stake centralization. The latter is more of a path of least resistance. People see the big stakes at the top and interpret them as some type of social proof, then follow along and delegate to them too. ...Read More