How is the “validator” System not more centralizing?…..32 ETH is too high of a minimum.

Cryptocurrency News and Public Mining Pools

How is the “validator” System not more centralizing?…..32 ETH is too high of a minimum.

I understand the need for liquidity incase of slashes to protect people who stake with you. However I feel each validator should be able to set their own risk tolerance and thus how much can be staked with them. As it stands needing a full 32 ETH to run a validator seems like a step towards centralization.

I sure as hell don't have 32 ETH to stake but I do have the knowledge and hardware to run a validator! At that i love the idea of taking GPUs out of the mix (for now, if we ever want to do augmented reality applications on the ETH block-chain we will need them)

I can't fully get with it if the alternative is a more CENTRALIZED system. Makes me sad to see that none of you see this. I would be screaming about the minimum 32 ETH at this point its disgusting. I'm sure the banks and all the KYC shills love this however.

submitted by /u/Zachanater007
[link] [comments]