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182 - In Defense of Lido, w/ Hasu

Bankless

CHAPTER

The Forking Dilemma: Lido's Governance Challenges

This chapter explores the potential forking of Lido, particularly with the concept of a 'Lido Classic' in response to disgruntled node operators. It examines the complexities of Ethereum's execution layer, the logistical challenges of such a fork, and the pressing issues of decentralization and governance in staking. The discussion also highlights Lido's recent upgrades and its strategies to enhance node operator participation while addressing concerns of monopolistic behavior in the staking landscape.

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