Cryptocurrency

Ethereum core devs consider raising limit on maximum effective validator balance

Ethereum core developers are currently considering a proposal to significantly increase the maximum valid validator balance limit from 32 ETH to 2,048 ETH while keeping the minimum staking amount at 32 ETH.

this suggestionIf adopted, it will have far-reaching implications for the operation of the Ethereum network, especially in terms of network decentralization and validator set size.

Michael Noider, a researcher at the Ethereum Foundation and a key proponent of the change, said the existing validator cap, while ostensibly encouraging decentralization, would encourage more validators. It has the unintended consequence of encouraging the operation to set.

Neuder originally posted this suggestion, share his point of view At the latest Ethereum Core Developer Consensus Meeting held last Friday.

This is extremely important because it can redefine the operational dynamics of the Ethereum network by rebalancing decentralization and efficiency, a balance that has always been at stake in the intentionally decentralized blockchain ecosystem. It will change.

MaxEB

MAX_EFFECTIVE_BALANCE (short for MaxEB) is a rule that limits the effective balance of an Ethereum validator to 32 ETH. The active balance is a value derived from the validator’s balance and the previous active balance. This means that if a validator stakes more than his 32 ETH, they will not get any additional yields.

This will encourage validators to set up additional “Validator Spots” for every additional 32 ETH they wish to stake. In other words, a single entity is incentivized to set up multiple validators, making it difficult to assess the true measure of decentralization in the network.

Proponents believe that increasing MaxEB will unblock future upgrades in the consensus layer, improving the performance of the current consensus mechanism and the peer-to-peer (p2p) layer, the network of nodes on which Ethereum operates, and increasing operational efficiency. claims to improve. Regardless of validator size.

Arguments in favor of this proposal center around growing the network and streamlining validator management, but the upgrade adds unnecessary complexity to the ecosystem and exposes Ethereum to new potential security risks. Nuder acknowledges that critics may argue that it could. Nevertheless, the proposal responded to such potential criticism by expressing his confidence that such a situation could be dealt with.

Post-Ethereum core developers are considering increasing the maximum valid validator balance limit, which first appeared on CryptoSlate.

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