Ethereum co-founder Vitalik Buterin has addressed concerns about the network's potential shift towards centralization. His comments come in response to recent criticisms from Doug Colkitt, founder of Ambient Finance. Buterin comes up to protect the network he helped to create, but he also brings some very fresh, even unexpected, narrative to the table.
Buterin emphasized the need to reduce the current 32 ETH staking requirement. This amount currently equates to approximately $111,000. "Every poll I make confirms the same thing: the #1 thing in becoming more home staking friendly is to reduce the 32 ETH requirement," Buterin stated.
The Ethereum co-founder's stance is based on consistent community feedback. It highlights the importance of lowering financial barriers to make staking more accessible, simply because people think the levels to enter ETH staking are way too high for an average user.
Colkitt, however, argues against relying on data centers for Ethereum. He believes protocols unable to run on consumer hardware risk losing censorship resistance. Colkitt calls for a rigorous engineering approach to home staking.
"If Ethereum wants to be a home staking network, it has to be as rigorously engineering-driven as high throughput chains like Solana," Colkitt asserted. He advocates for strict service level agreements for typical home stakers.
Buterin pointed to solutions like Orbit and Solo Staking Friendly (SSF) validator set management. These innovations aim to simplify the staking process for smaller participants.
The Ethereum co-founder also expressed optimism about "hyper-aggregation". This concept involves aggregating up to 1 million signatures within a 12-second slot. It's designed to be quantum-resistant.
However, Buterin acknowledged that fully developing this technology will take time. It requires careful consideration of associated risks.