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Ethereum researcher: Electra upgrade should reduce ETH issuance! To facilitate the survival of individual pledgers

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2024-04-03 15:46:09589browse

Ethereum researcher: Electra upgrade should reduce ETH issuance! To facilitate the survival of individual pledgers

In a recent article titled "The Issuance Problem," researcher Mike Neuder proposed a governance scheme that advocates for Ethereum to Some of the issues facing Ethereum today should be addressed in the next Electra upgrade by reducing token issuance, including the feasibility of maintaining independent staking compared to liquidity staking.

Reducing the issuance of Ethereum encountered internal opposition

Although Neuder’s idea was supported by Ethereum Foundation researchers Ansgar Dietrichs and Caspar Schwarz-Schilling, it was also criticized by Ethereum. Internal opposition.

For example, Eric Conner, a co-author of the Ethereum improvement proposal EIP-1559, said that Neuder’s proposal will weaken the community’s efforts on Ethereum as a currency: The current proposed adjustments to Ethereum are completely I will do my best to combat this overreaction to unfounded centering issues.

At the same time, Ethereum core developer Ahmad Bitar also objected, saying that the goal of the proposal has not been clear, and the current issuance curve has not contributed to the value of Ethereum: I don’t see what you are trying to solve here. The problem.

In addition, Ethereum investor Ryan Berckmans also said that the consequences of not changing the issuance curve are just speculation. It is not yet clear whether normal issuance will cause harm to Ethereum and its community: If The previous issuance curve was unsustainable, so why is the issuance plan in this new proposal sustainable?

V神Ti Redesigns PoS Punishment Mechanism

The centralization risk of Ethereum PoS staking has always been an important issue that Vitalik Buterin is concerned about. He had earlier posted on Farcaster saying: The same Are validators in a cluster (e.g. same exchange, same user) more likely than unrelated validators to miss attestations simultaneously? If so, can we adjust rewards to support decentralized staking? Probably yes.

At the same time, Vitalik published a new article "Supporting decentralized staking through more anti-correlated incentives" on the Ethereum Research Forum, proposing a strategy that hopes to encourage better behavior by "punishing related behaviors" of decentralization.

Proposed that if a validator misbehaves (including unexpected circumstances), their penalty will increase with the number of other validators who misbehave at the same time as them (measured by the total amount of ETH held) And increase.

In addition, Vitalik clearly defines two situations for common failure situations, such as "missed proof", which almost all validators make occasionally: (i) network failure during normal operation, and (ii) Offline or long term outage.

(i)Fumbles: When the verifier misses the proof in the current epoch, but proved correctly in the previous epoch

(ii)Misses: When the verifier misses the proof in the current epoch, and I also missed the proof time in the previous period

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