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Vitalik Buterin introduces 'Rainbow Staking' as a solution to combat centralization risks in Ethereum's staking ecosystem. This concept aims to empower individual stakers and decentralize the network, addressing concerns about excessive share held by certain entities like LIDO, COINBASE, and BINANCE.
How does @eigenlayer use staked ETH to secure new networks? This video shows the stages of the restaking process. Each ETH colour represents a different risk level. Here's a detailed breakdown đ đ„©Â Alice stakes her ETH on the Beacon chain Alice owns ETH on Ethereum & decides⊠https://t.co/2Dktu9kA1U
UPDATE: Ethereum co-founder @VitalikButerin presents Rainbow Staking as solution to Ethereum's centralization woes. Learn how this revolutionary concept empowers individual stakers and decentralizes the network #Ethereum #ETH https://t.co/N91rcMTrTe
Buterin shares latest vision to combat centralization concerns around staking at ETH Taipei https://t.co/QAEE7TeczV