WingNews logo WingNews
top | item 32579909

(no title)

zelag | 3 years ago

I have a question, why was 32 ETH chosen for one to become a validator? Also, would this number change if value of ETH were to plummet?

discuss

order

drewp41|3 years ago

It’s basically the minimum amount of ETH needed to ensure there are a lot of validators all in sync. If it was less than 32 ETH, there would be way more validators and it would be very difficult for them to all sync to the correct block every 12 seconds.

typingmonkey|3 years ago

Originally it was 3200 eth, but the price has risen too much.

drewp41|3 years ago

Not exactly. The main reason they reduced it to 32 ETH was because of BLS signatures, so a lot more validators could be in sync with each other

But yeah, 32 ETH at the time of the Beacon chain starting was only a few thousand dollars