An IMPORTANT thing you should know about Ethereum PoS.

In many ways, we’re entering uncharted territory.

The SAFETY of it can easily become compromised if it gets overly centralized.

Let me tell you why. Retweet this to spread the word.

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1) Kraken has 8% of all staked ETH just four days after starting the service.

That’s worrying because if any single exchange gets 20, 30, or even 40+% of all staked ETH.

That will compromise Eth2’s safety much more than in a Proof of Work system.

2) It takes 32 ETH to run a staking node.

Many people will opt to stake less through a centralized exchange or decentralized staking platform.

The latter could give its users a tokenized version of staked ETH, effectively a replacement that they can trade or use as collateral.

3) Some see this as a bad idea because it would make staking too easy and drastically reduce the yield from staking ETH.

But the alternative is much worse because if we don’t have tokenized ETH...

4)...the only way to stake less than 32 ETH will be with centralized exchanges.

They can easily afford to have some form of “flexible staking” due to their huge ETH pools.

This could give them a huge share of the Eth2 network, undermining its safety.

5) So, while tokenized ETH will decrease the yield from staking, it’s the only way to keep the network decentralized and secure.

Besides, it would be great to earn a yield on a token while being able to freely trade it, even if it’s only 5% APY.

That's all. No need for drama.

Just things you should know to have a strong understanding of fundamentals.

Thank me later.