Weekly General Discussion - June 26, 2023 <-> July 02, 2023
Weekly General Discussion - June 26, 2023 <-> July 02, 2023
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gonna listen to the restaking alignment discussion with Vitalik, Sreeram, Tim Beiko, Justin Drake, Dankrad & Jessy for a bit
https://www.youtube.com/watch?v=aP9f_1v9Ulc
edit: I'm only about 1/3rd in but this is already a great and enlightening discussion that I recommend everyone who stakes or is interested in staking watch
Also, Justin talked about moving ethereum to quantum resistance in 10, 15, 20 years. Is this an adequate time frame? Sorry for spamming, just a long time lurker from ethtrader to ethfinance to now kbin/lemmy and choosing to post in hopes that this community thrives here.
In my opinion, 10 years is definitely fine, 15 years is probably fine, 20 years would start making me a bit nervous that nation-states might have access to maturing quantum cryptography tech. But I know nothing about quantum tech other than they've been able to work with only a few qubits and that it's really, really hard to add more qubits to the action.
Sounds like most from the podcast are very cautious about restaking. For what it's worth, I agree and am glad Justin had a plan to neuter it if worse comes to worst. I know we all want to encourage solo staking, but I don't know if this is the healthy way.
What’s the plan to neuter?
The realistically available option is making the staking contract updatable. So instead of getting slashed 1 eth and kicked out of the validator pool, you could be slashed up to 32 eth, making restaking a very risky behavior. The other was removing the slashing conditions through one shot signatures. I'm not gonna pretend to understand how this exactly works. Sounds like fancy cryptography that may only be possible in the future decades.