Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profileg
Oisín Kyne | Obol Network

@OisinKyne

Building Distributed Validators for Ethereum. Co-founder and CTO @ObolNetwork. Pronounced 'Ush-sheen'. 🇵🇸🍉

ID:14436624

linkhttps://docs.obol.tech calendar_today18-04-2008 19:31:42

2,6K Tweets

2,5K Followers

2,7K Following

Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

I think the number of compromised validator private keys is way higher than we know/think. Stolen hot keys are a difficult to profit from attack that magnifies with the more stolen keys you have, so the incentive is to just gather them.

How many keys are already compromised?

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

I am once again asking people to not leverage an L(S/R)T recursively on the flawed premise that they are one to one with eth.

Pls hold onto your eth.

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

If you stake ether, please take a few minutes to fill our our and EthStaker 🦇🔊 's Staking Survey if you haven't yet. I hope the findings will help the wider Ethereum community get a better understanding of why people stake ether they way they do.

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

High-quality professional node operators, running stake in a distributed validator setup between them, with immutable, oracle-free smart contracts; will soon be widely understood to be the safest way for institutions to stake ether 🙂

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

Hear my thoughts on the DV protocol roadmap, the issuance curve discussion, and how we 10x the number of home stakers on the network on this podcast episode 😃

Thanks Josh for having me on, and for being an early distributed validator tester 😊

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

Ethereum’s net issuance is at -0.2% per year, this is clearly WAY TOO HIGH and something we need to CUT URGENTLY!

Otherwise non-stakers are being diluted by… *checks notes* … a negative amount per year, that’s dangerous!

We’ll be much safer if we cut our security budget!

/s

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

Vitalik floating stronger correlation penalties for the chain, would love to see something along these lines brought in to disfavour centralisation.

ethresear.ch/t/supporting-d…

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

Chuffed to see community-formed DV squads running on mainnet, wishing these guys the best as they flesh out their staking setups, will have more cool products for them to be early adopters of soon™️

Agus Gaeilgeoirí ab ea iontu chomh maith 😍

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Oisín Kyne | Obol Network(@OisinKyne) 's Twitter Profile Photo

Friendly reminder that if eth staking pays a negative real rate, stake will turn to LSTs in DeFi and rehypothecation to eke out a real rate of return. Neither of which are good for Ethereum’s security.

Negative real rates are a bad idea and will not achieve their purported goal

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