0/ Ethereum’s security comes from its stakers.
A guest thread about Ethereum staking, doing so as independently as possible, and community making all the difference.
I’m Jonathan Meyer (@jwmeyer), Exec Director of @EthStaker, and am excited to share how you can take part. ↓
1/ Why do we need independent stakers?
“The whole point of a public blockchain is lost if you are not resistant to the worst-case scenarios. It’s too easy to get complacent and fail at the very moment when blockchains are supposed to be the Phial of Galadriel.” - @apolynya
3/ Stakers protect the network through the regular validation activity they do.
Every 12 seconds stakers propose and confirm a block of transactions, and these tasks ensure the chain remains secure and credible into the future.
4/ These activities earn rewards in a decentralized way.
In order to preserve the network’s credible neutrality, stakers can participate directly and contribute toward its resilience and decentralization.
5/ Of the ways to stake, solo staking at home enables maximum independence, and is the simplest connection between a staker and the protocol.
Solo staking keeps Ethereum diverse and censorship resistant, but takes 32 ETH which creates challenges for many.
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