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Mantej Rajpal
@mantej
Assuming a _very high_ level of trust in Coinbase: Given wallet drainers, current exploit landscape, etc, if you’re going to stake a large amount of ETH, would you stake all of it self-custody via Lido, Rocket et al? What about using MetaMask’s service (they take a 10% cut)? Why not through Coinbase?
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@chaskin.eth
People worry about Lido's staking dominance (and for good reason), but Coinbase becoming the dominant platform would be game over Lido uses 29+ node operators, RocketPool has 3,600+. If a centralized operator like Coinbase gains a majority stake, it could threaten Ethereum's security
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@chaskin.eth
That's a good point, people underrate how real smart contract risk is. That being said, Lido and Rocketpool are decently lindy by now
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Mantej Rajpal
@mantej
Great answer! 500 $DEGEN The goal should be to push towards a future where users can comfortably interact with smart contracts (e.g. staking services) and feel a similar or greater level of safety then using Coinbase. Not quite there yet
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