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The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M
Posted on 09/21/2023
Last week marked the one-year anniversary of Ethereum?s historic ?Merge? ? the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.
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