What the Ethereum Community's Staking Argument Is Really About

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Dr. Paul Dylan-Ennis is a lecturer/assistant professor in the College of Business, University College Dublin.

When is a discussion about the issuance curve of staking rewards in Ethereum not really a discussion about the issuance curve of staking rewards in Ethereum? When it’s really about Ethereum governance and Ethereum’s monetary policy.is as follows: on its current trajectory, it is conceivable all ETH will eventually be staked, whether directly or viaabout how best to address it, with the key change centering on a new issuance reward formula that makes staking past a certain point unattractive.

But as Beiko points out, there were efforts by the two authors at the Ethereum Foundation who suggested reducing the pace of ETH issuance –that they could have done a better job, but also that he thinks the backlash is a sign of Ethereum’s robust decentralization at work. Which is true! The community does have its voice and the ability to contest research it does not like .

 

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