Vitalik Buterin proposed to introduce additional fines for Ethereum validators
Ethereum co-founder Vitalik Buterin has published a new article. He suggested adjusting the rewards for validators and introducing additional penalties. Buterin called the correlation penalty one of the best mechanisms to stimulate the decentralization of Ethereum.
Vitalik Buterin, co-founder of the Ethereum project, called correlation penalties one of the best tactics to stimulate network decentralization. In his new publication, he proposed extending a similar incentive to more "mundane" failures, such as lack of certification.
Buterin explained that Ethereum has a set of rules that every node participating in the consensus must obey. These rules are aimed at encouraging "good behavior", which means completing work on blocks.
In case of "bad behavior", a fine is imposed. The Ethereum co-founder believes that anti-correlation incentives should be extended to more "ordinary" situations. For example, the omission of proof, which all validators encounter from time to time.
It should be noted that in his recent speech at the BUIDL Asia exhibition in Seoul, the expert said that account abstraction is a way to ensure security and convenience for developers and users of the blockchain. According to The Block, citing Buterin's statement, the security goals include giving users the ability to change and revoke private keys and more effective means of restoring accounts.
In turn, convenience goals include the ability to pay for gas in ERC-20 and payment automation. According to Buterin, the abstraction of the Ethereum account aims to allow user wallets to work as smart contracts without having to manage external accounts and their private keys.
It is reported that Ethereum participants currently interact with the network using external accounts (EOA). This requires them to maintain a private key and accounts with additional funds, which is a serious disadvantage for users and developers.
"The next 10 years will be devoted to updating the ecosystem at the user level. Let's create something that people in low—income countries can use," Buterin said at the event.
