Vitalik Buterin, the founder of Ethereum, shared in a recent podcast with Bankless that he is staking only a small portion of his ETH. He cited the complexity of multisignature wallets as the reason for this decision. Staking ETH requires the keys to be public on an online subsystem, and for safety, a multisig setup is necessary. However, setting up multisig for staking is still quite challenging and complicated.
Buterin also discussed the EigenLayer protocol, which enables Ethereum validators to restake their assets on other emerging networks. He acknowledged that this approach poses centralization risks. The founder of EigenLayer, Sreeram Kaanan, emphasized the presence of complex risks in restaking and stressed the importance of adopting a cautious approach in its implementation.
