fsjal.eth

Ethereum Solo Staker + Developer

[fsjal.eth @FsjalDoesCrypto]

I'm a solo Ethereum staker.

Recently withdrew rewards and have enough for 2 new solo validators OR 8 Rocket Pool validators.

I've tried Googling but can't find a good tokenomic breakdown but is Rocket Pool worth it from a game theory perspective or should I stick to solo?

[fsjal.eth @FsjalDoesCrypto]

@decrypt3d @cmdr_moto @hoffmang @Allnodes They didn't have 15 Eth slashed - it's only 1 Eth that's slashed.

[fsjal.eth @FsjalDoesCrypto]

Unfortunately, there was a slashing that occurred during the Ethereum Merge, validator 404680

https://t.co/BdaSFwYm6t

Seems to be run by @Allnodes . Very sad to see :(

[fsjal.eth @FsjalDoesCrypto]

@bacon_soles @abcdef1337 @Allnodes No, there's a small penalty if you're offline (imagine if every 6 minutes you're rewarded with $0.05 worth of Ethereum. If you're offline, then every 6 minutes they subtract $0.05 from you instead.)

[fsjal.eth @FsjalDoesCrypto]

@lewtzcrypto @Skretch12 @ray_v101 @Allnodes No more rewards, they'll just sit at ~31 Eth til withdrawals. Once that's enabled they could restake and try again

[fsjal.eth @FsjalDoesCrypto]

@MikeHirshon @LizardLabNFT "Good Merge" to you too!

[fsjal.eth @FsjalDoesCrypto]

@nonfungiblemomo Can you get into the BIOS? Maybe the disk is detected, but you've had major corruption and need to reinstall 😬

[fsjal.eth @FsjalDoesCrypto]

@Diaboli_Advocat @koeppelmann But those 22 node operators, if they were instructed by Lido to enact a change, would have to listen right? The stake isn't theirs after all (I'm not sure exactly how it works but I assume they manage the servers and get a small cut?)

[fsjal.eth @FsjalDoesCrypto]

@cmdr_moto @hoffmang @Allnodes 1 validator = 32 Eth

Sort of. Because it broke the rules, the PoS consensus slashed them.

That validator can no longer make money and will be penalized until there's only 31 Eth left.

[fsjal.eth @FsjalDoesCrypto]

@LefterisJP Won't it be the same as before, but more heavily rewarded during block proposals (due to priority fee)

[fsjal.eth @FsjalDoesCrypto]

@bill_mcgonigle @Allnodes Correct, all we've seen up til now have mostly been people accidentally doing something malicious. Allnodes gave an update too:

https://t.co/EeldGxVpMX

[Allnodes @Allnodes]

@FsjalDoesCrypto Our investigation showed that the slashed customer launched the same validator somewhere else, causing a double sign violation. The node in question was migrated to Allnodes not long ago. We assume the owner decided to migrate back without shutting down the node on Allnodes.

[fsjal.eth @FsjalDoesCrypto]

@nicolasdeluz @Riles178 @IamNomad @Allnodes Yes but I should add a network issue wouldn't ever cause a slash either! It may cause a missed attestation at the least (-0.00000168 Eth) but that'd quickly be offset the next attestation, when they gain +0.00002358 Eth

[fsjal.eth @FsjalDoesCrypto]

@LaVolpe78775871 @MFaiqKhan3 @Long_Shorter @IamNomad @Allnodes If it's any consolation, 1 Eth penalty is taken from that 32. If someone had 16 Eth in that validator, they've lost 0.5 Eth. If someone had 4 Eth in it, then they've lost 0.125 Eth. Easier to stomach, but you're right, it sucks that <32 Eth has to rely on someone else

[fsjal.eth @FsjalDoesCrypto]

@LaVolpe78775871 @Pino52973109 @MFaiqKhan3 @Long_Shorter @IamNomad @Allnodes So I can't speak for Allnodes, but for platforms like @Rocket_Pool, if a slashing occurs, the loss is socialized across everybody to make it hurt less.

The name "staking" really isn't joking, you're playing at "high stakes" and are expected to do a job to spec or suffer a loss.

[fsjal.eth @FsjalDoesCrypto]

@Riles178 @IamNomad @Allnodes I was wrong about the 16 Eth figure, they're slashed to 31 Eth which is *a lot* better of a deal

[fsjal.eth @FsjalDoesCrypto]

@MandleHu @Riles178 @IamNomad @Allnodes I was wrong on this actually, https://t.co/zrcYlALEsF

[drongo @lordrongo]

@FsjalDoesCrypto @Riles178 @IamNomad @Allnodes It is slashed to 31

[fsjal.eth @FsjalDoesCrypto]

@nicolasdeluz @Riles178 @IamNomad @Allnodes You were right on this, I don't know where I got the 16 Eth figure.

[fsjal.eth @FsjalDoesCrypto]

@Allnodes Thank you for figuring that out!

[fsjal.eth @FsjalDoesCrypto]

@0xfoobar @Allnodes Allnodes response:

https://t.co/l6NcDH2WD3

[Allnodes @Allnodes]

@FsjalDoesCrypto Our investigation showed that the slashed customer launched the same validator somewhere else, causing a double sign violation. The node in question was migrated to Allnodes not long ago. We assume the owner decided to migrate back without shutting down the node on Allnodes.

[Allnodes @Allnodes]

@FsjalDoesCrypto Our investigation showed that the slashed customer launched the same validator somewhere else, causing a double sign violation. The node in question was migrated to Allnodes not long ago. We assume the owner decided to migrate back without shutting down the node on Allnodes.