This article briefly:
Ethereum co-founder Vitalik Buterin has proposed a proposal to address decentralization issues and enhance the security of staking pools and the protocol.
His two-tier model introduces node operators and delegators, allowing users to choose their preferred node operators and significantly improving security.
The proposal aims to revolutionize Ethereum’s staking landscape, providing a more decentralized, consensus-driven system.
Ethereum co-founder Vitalik Buterin has proposed a series of solutions to support the decentralization of stake pools and protocols. He has also proposed solutions to strengthen the security of these protocols to resist potential attacks.
The suggestions follow previous proposals Buterin has shared about possible changes to the ethereum network.
Solving the decentralization problem
Buterin’s proposal directly addresses existing challenges in the staking process. He addresses the issues of centralization risk among node operators and the burden on the consensus layer.
Buterin said that the selection process of node operators in different staking pools has decentralization issues. The current first-layer (L1) consensus mechanism also faces the overhead of authorizing transactions.
To mitigate these challenges, Buterin advocates for a two-tier staking system similar to the model used by projects like Rocketpool and Lido. This system introduces node operators and delegators as key players.
Node operators will act as validators, running nodes to create new blocks and submitting a specific amount of ETH to the staking pool.
Instead, delegators will become mining pool members, staking their assets to the node operators of their choice. In this setup, delegators gain the autonomy to choose their preferred node operators.
Enhanced security of staking pools
In addition to addressing the centralization issue, the proposed two-tier system also promises to enhance security within the staking pools. The system enables delegators to identify node operators, creating a strong barrier against potential attackers.
Those who seek to become node operators without the support of delegators will need to stake a significant portion of ETH, potentially up to 1/3 of the total stake, which could total more than 2.08 million ETH. Therefore, any hacking attempt would incur significant costs to the attacker.
Buterin stressed that implementing these recommendations could alleviate the issues affecting Ethereum’s first-layer staking protocol. It enables stakeholders to choose their preferred nodes and thus contribute to a more decentralized and consensus-driven system.
Furthermore, the proposed model significantly reduces the number of required signatures from 800,000 to 10,000, thus encouraging a proliferation of node validators. #以太坊质押 #去中心化
