> Participating in staking is fully permissionless, stakers are not taxing non-stakers. They are being remunerated for their work.
That's just a more polite way to say tax. Being permissionless is cool, but it's still tax in my dict.
> There is something called opportunity cost.
And, who is going to be able to have a larger percentage of their funds staked, a poor or a whale? You need a (mostly) fixed amount of liquidity to use the thing.
> Incorrect. A staker does proportionate amount of work to its stake.
Apologies, I edited my original reply which should answer this.
In short, I don't see anything preventing me to run 10000 validators with 32 ETH each with very similar cost to running just one. It's certainly not linear.
That's just a more polite way to say tax. Being permissionless is cool, but it's still tax in my dict.
> There is something called opportunity cost.
And, who is going to be able to have a larger percentage of their funds staked, a poor or a whale? You need a (mostly) fixed amount of liquidity to use the thing.
> Incorrect. A staker does proportionate amount of work to its stake.
Apologies, I edited my original reply which should answer this.
In short, I don't see anything preventing me to run 10000 validators with 32 ETH each with very similar cost to running just one. It's certainly not linear.