2024

<ul class="news-points">
 <li>Vitalik Buterin introduces the concept of “rainbow staking” during the ETHTaipei 2024 event in Taiwan.</li>
 <li>Rainbow staking is a conceptual framework allowing protocol service providers to participate in a differentiated menu of protocol services.</li>
 <li>The project focuses on moving towards the concept of single-slot finality (SSF) with good trade-offs.</li>
</ul>
Ethereum Founder Vitalik Buterin introduced a novel concept called “rainbow staking” during the ETHTaipei 2024 event in Taiwan. Colin Wu, a Chinese reporter, shared an X post on his Wu Blockchain page, giving insights on Buterin’s rainbow staking project.
<figure class="wp-block-image size-full is-resized"><img decoding="async" width="738" height="761" src="https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1.png" alt="" class="wp-image-387159" style="width: 100%;height:auto" srcset="https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1.png 738w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-291x300.png 291w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-380x392.png 380w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-86x89.png 86w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-432x445.png 432w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-240x247.png 240w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-233x240.png 233w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-160x165.png 160w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-205x211.png 205w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-68x70.png 68w, https://coinedition.com/wp-content/uploads/2024/03/ac9652a1-0600-4a47-93b0-c63b38bb4091-1-1-73x75.png 73w" sizes="(max-width: 738px) 100vw, 738px">
</figure>
According to Wu’s X post, Buterin highlighted the potential risks involved in centralization, unveiling rainbow staking, “a conceptual framework allowing protocol service providers, whether solo or professional, to maximally participate in a differentiated menu of protocol services.”
In a separate <a href="https://ethresear.ch/t/unbundling-staking-towards-rainbow-staking/18683" target="_blank" rel="noopener noreferrer nofollow">blog post</a>, Ethereum elaborated on the key aspects and principles of rainbow staking. Providing a nutshell of the key goals of the project, the blockchain stated that rainbow staking would help integrate further “protocol services in a plug-and-play man…
The post <a href="https://coinedition.com/ethereum-founder-proposes-rainbow-staking-at-ethtaipei-2024/" rel="noopener noreferrer nofollow">Ethereum Founder Proposes Rainbow Staking at ETHTaipei 2024</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum Founder Proposes Rainbow Staking at ETHTaipei 2024

Coin Edition

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