The idea is to protect the decentralization of the second-largest blockchain network.
Five Ethereum liquid staking providers have implemented or are gearing up to implement a self-imposed restriction, pledging not to own more than 22% of the ETH staking market. This move is aimed at safeguarding the decentralization of the Ethereum network.
According to Ethereum core developer Superphiz, Rocket Pool, StakeWise, Stader Labs, and Diva Staking are the staking providers that have already adopted or are actively pursuing this self-imposed limitation.the idea back in May last year, raising the question of whether a staking pool would prioritize the health of the blockchain over its own financial gains.that this figure was chosen because Ethereum requires a consensus of 66% of validators to agree on the network’s state.
Setting the limit below 22% would ensure that a minimum of four significant entities would need to come on board together for the chain to achieve finalization. Several other platforms have stepped up to commit to a self-limit plan. These include the Stafi Protocol, which“In our continuous commitment to Ethereum’s decentralized ethos, StaFi intends to self-limit to 22% of all validators to ensure maximal Ethereum alignment.”
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