“Staking is a meme”: The issuance curve and the economy of Ethereum aren’t that complex. Ethereum’s security comes from its slashing penalty. “Staking is only there to protect users from dilution”: The issuance is carefully designed to be as minimally inflationary as possible, so we’re not headed toward the dead end of a 21 million cap and decaying security. “Centralization” I agree this can be improved. With permissionless protocols and lower barriers of entry. Solution: For Haseeb to revisit and discuss the thesis behind their investment in Lido.
The Rollup
The Rollup27.6.2025
We asked @hosseeb of @dragonfly_xyz if he thinks the top of proof of stake is in. "We're probably going downhill from here." "Staking mania was definitely a little bit of an illusion." "This idea that you're paying for security is kind of a meme." "This kind of economic fiction, I think, had to go away at some point."
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