Vitalik Buterin Defends ETH’s Long Unstaking Queue as Bulls Eye $4,700

- Vitalik Buterin defended Ethereum’s 45-day staking exit queue as necessary for stability.
- A Galaxy Digital executive faced backlash for its Ethereum criticism.
- ETH trades near $4,570, just 8% below its all-time high.
Ethereum co-founder Vitalik Buterin addressed mounting criticism over the network’s 45-day staking exit queue, arguing that the delay is necessary for security and stability.
The issue gained traction after Galaxy Digital’s head of DeFi compared Ethereum’s wait time with Solana’s two-day process, a post that was later deleted after pushback from ETH supporters.
Buterin’s View on Staking
Buterin said that staking should be seen as more than just a financial move, describing it as a responsibility to help protect the network.
He admi…
Read The Full Article Vitalik Buterin Defends ETH’s Long Unstaking Queue as Bulls Eye $4,700 On Coin Edition.
Vitalik Buterin Defends ETH’s Long Unstaking Queue as Bulls Eye $4,700

- Vitalik Buterin defended Ethereum’s 45-day staking exit queue as necessary for stability.
- A Galaxy Digital executive faced backlash for its Ethereum criticism.
- ETH trades near $4,570, just 8% below its all-time high.
Ethereum co-founder Vitalik Buterin addressed mounting criticism over the network’s 45-day staking exit queue, arguing that the delay is necessary for security and stability.
The issue gained traction after Galaxy Digital’s head of DeFi compared Ethereum’s wait time with Solana’s two-day process, a post that was later deleted after pushback from ETH supporters.
Buterin’s View on Staking
Buterin said that staking should be seen as more than just a financial move, describing it as a responsibility to help protect the network.
He admi…
Read The Full Article Vitalik Buterin Defends ETH’s Long Unstaking Queue as Bulls Eye $4,700 On Coin Edition.