Lydo V2: The Future of Node Operators

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Isidoras: Lydo has 29 node operators. In the future, I said in maybe three to four years it will have 5,000. Can Lydo make it permissionless to be a node operator inside of the Lydo network? And or how do we get to 5,000? Isidoras: We're not ready to launch Lydo Classic today but maybe at some point,. who knows? Let's ask about that question.

Lido has over 30% ETH staked. Should we be alarmed? Joining us is Hasu to shed some light on this question.

In this wide ranging interview we discuss the State of Staking, the state of Lido, Idealist vs Pragmatics and asking the question - is Lido's reputation unfair?

------ ✨ DEBRIEF | Unpacking the episode: https://www.bankless.com/debrief-hasu ----- 🚀Join Ryan & David at Permissionless II in September. https://bankless.cc/GoToPermissionless ------ 📣 STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader ------ BANKLESS SPONSOR TOOLS:

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0:00 Intro 4:34 Is Lido's Perception Unfair? 9:08 Is Lido Too Big To Fail? 15:57 What Can An Entity Do With 33%? 21:27 TLDR Recap and Overview 24:11 When Does Lido Risk Become Systemic 32:54 Lido Is Not One Entity 36:40 Node Operators vs DAO 41:19 LDO Governance 49:39 Is Lido Forkable? 52:37 The Path To 5,000 Operators 58:46 Distributed Validator Technololgy 1:08:16 Addressing The Critics 1:17:31 The Staking Social Layer 1:24:40 Is Lido Treated Unfairly? 1:26:47 Can We Keep Ethereum Decentralized? 1:30:07 Risks and Disclaimers ----- Resources

Hasu on Twitter: https://twitter.com/hasufl Uncommon Core v2: https://www.ucc2.xyz/ Hasu last on Bankless: https://youtu.be/1qqkoGatPdE

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