@sparkpool_eth

Mining pool since 2016.

 Zhejiang china
sparkpool.com/
Joined January 2018
  • Tweets373
  • Following51
  • Followers4.4K
68Media
EIP 1559 raised gas price.
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SparkPool retweeted
CoinDesk
@CoinDesk17 Sep 2021
"Ethereum’s Design Choices Are Inherently Political" @nic_carter: "EIP 1559 may well have been sound engineering .... However, its largely unacknowledged externality – the redistribution of fees from miners to token holders – is troublesome." Opinion. trib.al/uIN2mF2
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SparkPool retweeted
GasNow@gasnow_org8 Sep 2021
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More people will realize that POW is much better than POS.
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Ethereum blockchain sixth anniversary
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This is a bug, not feature.
Emin Gün Sirer🔺⚔️
@el33th4xor21 Jun 2021
Replying to @el33th4xor
This just isn't the case with Proof of Stake currencies. The selling pressure behind a system such as Avalanche comes solely from the folks who made a lot of money and want to liquidate. It isn't constant, it isn't an inherent part of the protocol's operation.
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This is a feature, not bug.
Emin Gün Sirer🔺⚔️
@el33th4xor21 Jun 2021
Replying to @el33th4xor
As a result, there's constant downward selling pressure on PoW coins such as Bitcoin and Ethereum.
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PoW for Layer1. PoS for Layer2.
Balaji
@balajis20 Jun 2021
Proof-of-work is absolute truth, proof-of-stake is relative truth. Both have their role. But for the most important transactions it's better to produce more clean energy than to give up on the undeletable history that accumulated work provides.
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Vitalik don’t think so: vitalik.ca/general/2020/11/0…
David Hoffman
@TrustlessState1 Jun 2021
#Ethereum is currently the most secure blockchain in the world
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Lol
John Adler
@jadler021 May 2021
Replying to @jadler0 @koeppelmann
It doesn't matter that a handful of staking pools control >1/3 of stake just like how it doesn't matter a handful of mining pools control > 1/2 of hashrate (on both Bitcoin and Ethereum), and as a corollary it doesn't matter if there are only 21 validators, or 100, or 100,000.
The other worrying thing about this is that without privacy MEV searchers will prefer sending their transactions to large pools who are less likely to frontrun them. That could give large pools more revenue than smaller pools and drive more centralization.
SparkPool@sparkpool_eth21 May 2021
1/ ETH2 pos launched on 2020-12-01. After 6 months, Top5 ETH2 staking pools have 33.94% share now. In addition, Coinbase will launch its staking pool soon. Do you think it will have a smaller share than Kraken? How about six years later?
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1/ ETH2 pos launched on 2020-12-01. After 6 months, Top5 ETH2 staking pools have 33.94% share now. In addition, Coinbase will launch its staking pool soon. Do you think it will have a smaller share than Kraken? How about six years later?
nick.eth
@nicksdjohnson21 May 2021
Replying to @nicksdjohnson @HachiSalas86 @trent_vanepps @TheBlueMatt @HassanAesthetic @jack @VitalikButerin
Also, the top 5 validators only comprising 20-25% of stake is damn good. What percentage of mining power do the top 5 Bitcoin or Ethereum mining pools make up?
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more replies
6/ So you can’t say pow is more centralized than pos. Staking pool has more power than mining pool. Maybe we should call them staking farm, not staking pool, since participators can’t leave freely.
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7/ BTW there are more than 500,000 miners are mining ether in the world now.
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