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BREAKING: Vitalik Buterin Unveils Plan to Make Ethereum Only Accessible to Millionaires Who Can Afford 1 ETH Staking Requirement Because Decentralization Is Clearly Overrated!

BlockchainCrypto NewsDeFi Doug Martinez October 4, 2024

A Vitalik Buterin stands at a podium with a puzzled expression on his face, surrounded by Ethereum logos and dollar signs floating above him. A giant ETH coin is locked in place behind him, while two smaller coins are shown being staked into the ground below.

Vitalik Buterin’s latest brainwave is a gift that keeps on giving – and I’m not just talking about the laughs it brings me. The Ethereum co-founder has decided that what this blockchain really needs is more solo stakers, but only if they can afford to lock up 1 ETH instead of the current whopping 32. Because you know what’s been holding back the decentralized revolution? Not enough rich people with a spare Ether or two lying around. I mean, who needs security and decentralization when you’ve got deep pockets, am I right?.

Source: cointelegraph

Vitalik Buterin supports lowering Ethereum solo staking requirement
https://cointelegraph.com/news/vitalik-buterin-advocates-lowering-solo-staking-eth
Ethereum co-founder Vitalik Buterin has recognized the importance of lowering the minimum Ether required for crypto investors to earn passive income via solo staking. On Oct. 3, Buterin joined a community discussion on X to support lowering the minimum Ether (ETH) deposit requirement for solo stakers.  Solo stakers run full nodes using private computer equipment without relying on third-party services, centralized entities or staking pools to run. However, the current […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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