Having to stake 32 ETH on ETH2.0 is not good.

Cryptocurrency News and Public Mining Pools

Having to stake 32 ETH on ETH2.0 is not good.

I dont know if I am alone in thinking this, but I am really not happy that ETH2 will require you to have 32 ETH if you want to stake and get more ETH. Solana and Cardona let you stake at almost any amount.

My main problem with this, is right now, I am a miner. It doesnt take much but I can start producing ETH at a pretty low entry point. The "means of production" is with the people. Someone with a small budget can join in and slowly start growing their ETH. This is what I have done.

If they change it to you need 32 ETH to state, this is a HUGE amount. It takes the "means of production" from the average person like me, and puts it only in the hands of the wealthy. Which means only the wealthy will have the "means of production".

That seems like a backwards step for ETH, and it means an average person like me, will not be able to enter the future ETH market and be able to produce ETH.

I get capitalism and I mostly like it, but not when the entrance level is so high and excludes so many people. Its basically just a scheme for the rich.. Have I got it wrong or am I the only one thinking this way?

submitted by /u/justkeepsw1mming
[link] [comments]