Stephan Livera Podcast cover image

SLP303 Ethereum’s Path to Centralisation with Alex B

Stephan Livera Podcast

00:00

Proof of Stake and Cryptocurrency Derivatives

Staking derivatives really reintroduces this problem where, you know, it really brings down the actual cost of staking on the system to the extent they are potentially, effectively negligible. And i think it's not well understood what the full outcome of this are from a gain game theoretical standpoint. It seems to me that proof of stake could potentially even be more centralizing than even sonmi's strongest opponent, wold, would have anticipated. and we can go into how exactly that would play out.

Play episode from 27:24
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app