Coinspeaker
Vitalik Buterin Proposes Plan to Strengthen Ethereum Staking Decentralization

Ethereum (ETH) co-founder Vitalik Buterin has floated an innovative proposal with the intention of enhancing the decentralization and fairness of Ethereum’s staking mechanism.

The primary goal of the “anti-correlation incentive” program is to mitigate the negative impacts that errors made by validators may have on the efficacy and security of the network.

Fostering Satoshi’s Vision of True Decentralization

The proposal put forth by Buterin on March 27, targets one of its biggest issues the prospect for centralization among validators. Correlated failures within the network may result from the control of multiple validators by enormous entities from a single location, thereby undermining the decentralized nature of the system.

In order to tackle this concern, the anti-correlation incentive program penalizes validators for frequent errors, thereby incentivizing them to expand the scope of their activities.

Although Ethereum does have penalty mechanisms to address s...