Odaily Planet Daily reported that Ethereum co-founder Vitalik Buterin recently published an article discussing how to improve decentralization and reduce consensus overhead. The article points out that Ethereum staking is currently divided into two types: node operators and principals, but both have flaws, such as the centralization risk of node operators and the unnecessary burden of the consensus layer. 🤔
Vitalik believes that decentralization can be improved by expanding representative options. Representatives can choose which node operators to delegate their stake to, and node operators will have a "weight" in the consensus that is proportional to the total stake delegated to them. At the same time, delegators can choose to play a "lighter" role in the consensus, not affected by long withdrawals and substantial risks, but will still serve as a check on node operators. 👍
Additionally, Vitalik proposed that there is value in splitting staking into higher complexity tiers that can be slashed and lower complexity tiers. Higher complexity tiers function every session, but may only have 10,000 participants; while lower complexity tiers are only occasionally called upon to participate. In practice, this could be achieved by increasing the validator balance cap and implementing balance thresholds (e.g. 2048 ETH) to determine which existing validators move into higher or lower complexity tiers. 💡
Vitalik believes that decentralization can be improved by expanding representative options. Representatives can choose which node operators to delegate their stake to, and node operators will have a "weight" in the consensus that is proportional to the total stake delegated to them. At the same time, delegators can choose to play a "lighter" role in the consensus, not affected by long withdrawals and substantial risks, but will still serve as a check on node operators. 👍
Additionally, Vitalik proposed that there is value in splitting staking into higher complexity tiers that can be slashed and lower complexity tiers. Higher complexity tiers function every session, but may only have 10,000 participants; while lower complexity tiers are only occasionally called upon to participate. In practice, this could be achieved by increasing the validator balance cap and implementing balance thresholds (e.g. 2048 ETH) to determine which existing validators move into higher or lower complexity tiers. 💡