Question on validator nodes selection probability and rewards – ETH 2.0

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Question on validator nodes selection probability and rewards – ETH 2.0

Hi everyone,

I decided to question this here because even after reading multiple sources of info available in the ETH website, I can't seem to find any source which clearly states an answer to my question.

Here is the problem as I see it:

  1. There is a semantic difference between a staker and a validator. In Eth 2.0, users (stakers) stake ETH to activate and run validators.
  2. For every 32 ETH staked, 1 validator is activated.
  3. Stakers can stake as much ETH as they like, but a validator has a maximum balance of 32 ETH. A staker can run multiple validators.

Source: https://medium.com/coinmonks/ethereum-2-0-for-dummies-part-2-how-does-staking-actually-work-96bb714e4ad4

My question: Based on the above, won't a staker with a tremendous amount of ETH be able to create multiple validator nodes which then increases the probability of a validator belonging to this staker to be chosen? If so, I see this as a problem since you have a higher likelihood of opportunity to build a block and collect the reward of that block the greater the amount of money you have. Won't this lead to the usual "the rich control the poor" situation we have in this day and age?

Please give me your insights on this and if you refer to something as fact cite your sources. I probably don't understand what I'm talking about but do enlighten me, I think we can all gain from it!

Thanks a lot!

submitted by /u/Terathunder
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