How the SEC Could Reshape Ethereum’s Staking Landscape for the Better

“I believe that is good for decentralization,” stated Ben Edgington, a product supervisor at Ethereum analysis and improvement agency ConsenSys. On a proof-of-stake community like Ethereum, one’s stake equates to their energy over the community; if one get together accounts for sufficient of Ethereum’s stake (round 50-60%), they will theoretically sluggish it down or block sure sorts of transactions. “By way of the protocol and the well being of the protocol, having a big centralized entity controlling lots of the stake just isn’t supreme,” stated Edgington.