09-18-2022, 08:19 AM
Will ETH always require 32 ETH to be a validator?
<!-- SC_OFF --><div class="md"><p>So as the merge has come and gone smoothly. It leaves me with one question really, will us small guys ever be able to move off an exchange and stake from a wallet?</p> <p>If I had to take a wild guess, I would say around 50% of this subreddit has a portfolio of somewhere between $5-$10k in various coins in the crypto space. And I think that’s being generous.</p> <p>As it stands as the price of around $1500 to make rounding easier as of writing. You would need around $50k of investments in crypto alone if you wanted to stake your ETH off an exchange. That’s not realistic for 90% of this subreddit I would say.</p> <p>ETH becoming POS has moved it closer to centralization , which I know all oppose. Crypto was meant to be decentralized and at least POW provides that with anyone being able to mine a token fairly easy.</p> <p>So this leads to couple important questions:</p> <p>Will ETH always require 32 coins to be a self validator? </p> <p>Or will there be updates in the future that will reduce the cost to a couple coins to be a validator.</p> <p>Why exactly do we need 32 to begin with?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Supaflyray"> /u/Supaflyray </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xgywdk/will_eth_always_require_32_eth_to_be_a_validator/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xgywdk/will_eth_always_require_32_eth_to_be_a_validator/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So as the merge has come and gone smoothly. It leaves me with one question really, will us small guys ever be able to move off an exchange and stake from a wallet?</p> <p>If I had to take a wild guess, I would say around 50% of this subreddit has a portfolio of somewhere between $5-$10k in various coins in the crypto space. And I think that’s being generous.</p> <p>As it stands as the price of around $1500 to make rounding easier as of writing. You would need around $50k of investments in crypto alone if you wanted to stake your ETH off an exchange. That’s not realistic for 90% of this subreddit I would say.</p> <p>ETH becoming POS has moved it closer to centralization , which I know all oppose. Crypto was meant to be decentralized and at least POW provides that with anyone being able to mine a token fairly easy.</p> <p>So this leads to couple important questions:</p> <p>Will ETH always require 32 coins to be a self validator? </p> <p>Or will there be updates in the future that will reduce the cost to a couple coins to be a validator.</p> <p>Why exactly do we need 32 to begin with?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Supaflyray"> /u/Supaflyray </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xgywdk/will_eth_always_require_32_eth_to_be_a_validator/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xgywdk/will_eth_always_require_32_eth_to_be_a_validator/">[comments]</a></span>