Comment on Over 2 percent of the US’s electricity generation now goes to bitcoin
doylio@lemmy.ca 7 months agoI think the 32 ETH lockup + slashing does make it riskier to stake, but it also makes the chain more secure. As a malicious Ethereum staker, every failed attack costs me a lot of money. As a Cardano staker, I can attempt an attack many times because there I don’t lost that much if it fails.
The lack of liquid staking is the only real drawback I see here, as it has allowed some centralization in the Lido token. Ethereum has yet to address that issue
TypicalHog@lemm.ee 7 months ago
Yeah, but people are just gonna leave your pool if you try to attack the network or miss blocks. (And good luck attacking the network where even the largest 2 entities Binance and Coinbase together only have amount 12% of block production (stake)).
Like… ye, it’s not happening.
And why would you attack a network (if you could) where your value is stored. It’s a suicide.
If you did have so much stake, it might be smarter to play by the rules.