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Etherium developers propose to increase entry threshold for network validators by 6400%

Minimum balance for validators of the Etherium network should be increased from 32 ETH to 2048 ETH, according to the initiators of the proposal. The main argument: changing the cap would improve blockchain efficiency.

The main developers of Etherium draw the attention of the community that the exponential growth of validators negatively affects the efficiency of the network and does not allow to quickly solve the problems faced by operators of large nodes.

According to the authors of the idea, the limit of 32 ETH was originally proposed to guarantee decentralization. However, this inadvertently led to an exponential increase in the number of validators. Currently, over 600,000 validators are already connected to the network, and about 90,000 more are awaiting activation. Because of this, the load on Ethereum becomes excessively high.<br

Proponents of the proposed solution say: adjusting the balance limit will benefit large node operators, such as cryptocurrency exchanges. For example, Coinbase, which operates tens of thousands of validators. Increasing the balance limit for validators would allow operators at larger hubs to optimize operations by servicing fewer validators at higher rates, indirectly reducing complexity and resource requirements.

Because the developers of the Etherium network could not agree on a possible increase in the validator balance limit, continued discussion and gathering of community input has been moved to the social media platforms of ETHMagicians and Discord.

Earlier, the co-founder of Etherium published a
a post about three “major technical innovations” that are needed to guarantee the success of the second-capitalization cryptocurrency’s network.