Ethereum Co-Founder Proposes Lowering Staking Requirement and Improving Transaction Finality for Enhanced Performance

• Ethereum co-founder Vitalik Buterin proposes lowering the staking requirement for validators from 32 ETH to 1 ETH.
• Lowering the staking requirement could address centralization concerns and increase participation in solo staking.
• Buterin also suggests implementing "single-slot finality" to reduce Ethereum transaction finalization times to every 12 seconds.
• The proposed improvements aim to make Ethereum more efficient and competitive with other performance-focused chains.
• Ethereum's next major upgrade, Pectra, will be split into multiple parts, with the first update expected in February 2025.
• The debate surrounding layer-2 networks and the inflationary period in Ethereum's circulating supply continues.
  

Summary :
Ethereum co-founder Vitalik Buterin has proposed potential improvements to Ethereum's proof-of-stake model. He suggests lowering the financial barrier for solo stakers from 32 ETH to 1 ETH, which would make it more accessible for more people to participate. The pace of new validators joining Ethereum's network has slowed recently, and reducing the staking requirement could address centralization concerns. Buterin also focuses on transaction finality, aiming to reduce the time it takes for Ethereum transactions to become finalized from 15 minutes to every 12 seconds. These improvements, along with the upcoming Pectra upgrade, aim to enhance Ethereum's performance and user experience.

Sources :

- Decrypt