#The foundation explores staking solutions.#
Hot Topic Overview
Overview
The Ethereum Foundation is exploring new staking options to utilize staking rewards for funding the Foundation's budget. This initiative stems from a proposal by Ethereum co-founder Vitalik Buterin, who believes the Foundation could stake its held ETH instead of continuously selling it. However, Vitalik also pointed out that the Foundation staking itself might force them to take a stance in future contentious hard forks, so the Foundation is exploring ways to minimize this risk. Additionally, Vitalik stated that he personally opposes staking through service providers and instead supports the Foundation staking independently, arguing it aligns better with the Ethereum Foundation's philosophy of supporting independent node operators.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation is exploring new staking options, co-founder Vitalik Buterin revealed on social media. Previously, the foundation had not used ETH for staking, instead continuously selling it due to concerns over regulatory issues and the potential for being forced to take sides in a future contentious hard fork. Vitalik stated that regulatory issues have decreased since then, while the second concern can be minimized through certain methods the foundation has been exploring recently. He personally opposes staking through service providers, believing the foundation should support independent staking and set an example. He argues that the foundation, with assets far exceeding 32 ETH and numerous technically adept node operators, is perfectly capable of independent staking, which would also allow the foundation to more directly understand the issues that need to be addressed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ethereum Foundation is exploring new staking options to earn revenue instead of selling ETH.
Vitalik Buterin believes the Ethereum Foundation should stake independently, rather than through a service provider.
Staking ETH would raise regulatory issues for the Ethereum Foundation and put it at risk of being forced to take a side in contentious hard forks in the future.
The Ethereum Foundation is exploring ways to minimize the risks associated with staking ETH.