> These claims demonstrate a profound, ignorance of how these protocols work — something I'm calling into attention not to berate you personally, but so that people who stumble across this thread later appropriately discount your claims.
Please enlighten me then? I’d love to understand why they call it “rewards” and “penalties” if you can’t be good or bad at it.
Like from[0]:
The key concept is the following:
Rewards are given for actions that help the network reach consensus.
Minor penalties are given for inadvertant actions (or inactions) that hinder consensus.
And major penalities—or slashings—are given for malicious actions.
How can you read the above and make the point that everyone gets the same expected benefit from staking? Were you unaware of the minor penalties point?
And to be clear, since I think you're way missing my point here - consensus requires the potential for diversity, otherwise, if validation is deterministic (as you imply), then there is absolutely no need to decentralize it.
p.s. I won't criticize you personally, but I will remind you that when one feels like someone really doesn't understand something, there's a decent possibility they themselves don't.
Also, to lighten the mood - isn't it funny that ETH spells things wrong on its website so often? If only there was decentralized spell-check!
Please enlighten me then? I’d love to understand why they call it “rewards” and “penalties” if you can’t be good or bad at it.
Like from[0]:
The key concept is the following:
Rewards are given for actions that help the network reach consensus.
Minor penalties are given for inadvertant actions (or inactions) that hinder consensus.
And major penalities—or slashings—are given for malicious actions.
How can you read the above and make the point that everyone gets the same expected benefit from staking? Were you unaware of the minor penalties point?
[0]https://launchpad.ethereum.org/en/faq
And to be clear, since I think you're way missing my point here - consensus requires the potential for diversity, otherwise, if validation is deterministic (as you imply), then there is absolutely no need to decentralize it.
p.s. I won't criticize you personally, but I will remind you that when one feels like someone really doesn't understand something, there's a decent possibility they themselves don't.
Also, to lighten the mood - isn't it funny that ETH spells things wrong on its website so often? If only there was decentralized spell-check!