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01 February 2024
Solo ETH Staking Key to 'Atomic Generational Wealth'

Solo ETH Staking Key to 'Atomic Generational Wealth'

Solo staking Ether from home could cost over $70,000 upfront but helps make Ethereum more decentralized and valuable long-term, argues Ethereum core developer Superphiz. He believes solo ETH staking should be the "gold standard" and can generate "atomic generational wealth" for families running validators for decades.

Superphiz says while third-party staking services have lower barriers to entry, they contribute to centralization by pooling user funds under centralized control. He argues the high cost of solo staking pays off through improved decentralization and confidence in Ethereum.

"If you have $75K of Ether, you already have a deep investment in the platform; I feel most of these folks can spend a Saturday and watch a 30-minute staking video and get a validator operating," Superphiz said.

True decentralization gives governments, corporations, and users confidence to operate on Ethereum, he added. While not all can afford 32 ETH to stake solo, Superphiz believes many ETH investors can make the transition and contribute to network security.

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