Large staking pools represent a threat to network security. Will Lido commit to prioritizing decentralization of Ethereum over their growth and profits?

Lido DAOLido DAO
$0.46436
1.76%
github.com2m ago
Summary

This page tracks staking entities who have committed to cap their scope of control to under 22% of the Ethereum network's validators. The goal is to catalog staking entity responses and turn it into a resource that can be referenced by the Ethereum community. This catalog has been inspired by calls to action by the Ethereum community, particularly from recent tweets and Reddit posts by @superphiz

The network only needs 66% participation to finalize, why is 22% important?

22% control is the threshold where 4 staking entities could collude to attack the Ethereum network. At the same time, 22% control is still viable as any one entity could go down without threatening finality of the chain.

One threshold percentage had to be chosen to simplify this catalog's scope and prevent varied (and unfair) thresholds across staking entities. 22% is becoming a popular threshold in the community as it represents a middle ground between the entirely new set of dangers >33% control brings while still not going too low to discourage staking entity committment all together.

Committed

The following table lists staking services that have publicly committed to limiting their validator control to under 22% of the network, ranked by network penetration according to www.rated.network

No Response

The following table lists staking services that have not made an official statement either direction, ranked by network penetration according to www.rated.network

Name            Network Penetration Lido 30.19% Coinbase 14.92% Kraken 8.86% Binance 5.23% Bitcoin Suisse 2.16% Staked.us 1.40% f2pool.eth 0.93% Bitfinex 0.86% Huobi 0.76% wedex.eth 0.64% Bloxstaking 0.64% Ankr 0.60% Stakefish 0.40% OKex 0.39% StakeHound 0.31% Cream Finance 0.20% augur.eth 0.19% Ether Capital Via Figment 0.17% Wexexchange 0.13% Kucoin 0.11% Poloniex 0.11% Not Committed

The following table lists staking services that have publicly rejected commitment to limiting their validator control to under 22% of the network, ranked by network penetration according to www.rated.network

Name            Network Penetration Link to Public Statement        --- --- ---

Pull Requests Welcome!

If any staking entity or community member would like to add or update a position, please add an issue to the repo with:

Entity or Project Name Link to pulbic source explicity claiming one of the following: Committment, No Committment, TBD

Caveat

This is simply a project to catalog publicly provided statements and as such does not necessarily represent the collective perspective of each entity's organization and/or community. The entity list is likely incomplete - please do not assume a committment / non-committment for any entity that is not listed above.

Data updated as of May 15th, 2022