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CryptoIntelligence 2024-04-04 07:12:00

Ethereum Co-Founder Vitalik Buterin Proposes Penalty Scheme to Enhance Decentralization

Ethereum Co-Founder Vitalik Buterin Proposes Penalty Scheme to Enhance Decentralization

Ethereum’s co-founder, Vitalik Buterin, has introduced an innovative approach aimed at enhancing the platform’s decentralization by implementing penalties for simultaneous failures among validators. This proposal, shared on the Ethereum Research forum on March 27, aims to create incentives for decentralized staking by introducing “more anti-correlation incentives.” Buterin’s proposal focuses on imposing harsher penalties on validators that are under the control of a single entity and fail simultaneously, compared to individual failures. “The theory is that if you are a single large actor, any mistakes that you make would be more likely to be replicated across all ‘identities’ that you control,”

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