Vitalik Buterin: Individual Stakeholders Are Key to Ethereum Security

At Ethereum Singapore 2024, Vitalik Buterin explored how individual stakers enhance Ethereum’s security and decentralization by reducing reliance on centralized entities.

Ethereum co-founder Vitalik Buterin spoke at Ethereum Singapore 2024 on September 16 about the importance of individual stakers to the future of Ethereum’s security and decentralization.

Buterin discussed the risks posed by centralized entities and the role individual stakers play in protecting the network from attacks to ensure its long-term resilience and sustainability.

Individual stakers are individuals who independently stake their cryptocurrencies, such as Ether

(ETH $2,299),

without relying on third-party services, centralized entities, or staker pools.