Ethereum Foundation researcher Michael Neuder proposed to increase the minimum number of staked ETH to become a validator from 32 ETH to 2048 ETH, a 64X increase.
Ethereum core developers are planning to increase the minimum number of Ether required to stake to become a validator by 64 times, increasing it from the current value of 32 ETH to 2048 ETH.by an Ethereum Foundation researcher Michael Neuder. The researcher noted that although the current limit of 32 ETH makes way for more validators to join the Ethereum network and thus makes it more decentralized, at the same time it also leads to an inflation of the validator set size.
Neuder added that such a large increase would ultimately help the Ethereum network become more efficient over time. Apart from the proposal to increase the validator-staked ETH limit, Neuder also called for auto-compounding validator rewards. The auto compounding of validator rewards would make way for validators to make more money on their staked ETH. Currently, in order to produce any staking income, rewards received in excess of the 32 ETH cap must be transferred to another account. These benefits could be rapidly compounded if the cap were raised, giving validators a practical way to increase their earn reward.
Neuder claimed the current proposal would not only make the Ethereum network more efficient and make way for validators to earn more money, but it would also help large node operators such as exchanges that manage thousands of validators at present.
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