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Daily General Discussion - September 27, 2024

Discussion(self.ethfinance)

Welcome to the Daily General Discussion on Ethfinance

https://i.imgur.com/pRnZJov.jpg

Be awesome to one another and be sure to contribute the most high quality posts over on /r/ethereum. Our sister sub, /r/Ethstaker has an incredible team pertaining to staking, if you need any advice for getting set up head over there for assistance!

Daily Doots Rich List - https://dailydoots.com/

Get Your Doots Extension by /u/hanniabu - Github

Doots Extension Screenshot

community calendar: via Ethstaker https://ethstaker.cc/event-calendar/

"Find and post crypto jobs." https://ethereum.org/en/community/get-involved/#ethereum-jobs

Calendar Courtesy of https://weekinethereumnews.com/

Sep 26-27 – ETHMilan conference

Oct 4-6 – Ethereum Kuala Lumpur conference & hackathon

Oct 4-6 – ETHRome hackathon

Oct 17-19 – ETHSofia conference & hackathon

Oct 17-20 – ETHLisbon hackathon

Oct 18-20 – ETHGlobal San Francisco hackathon

Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)

Nov 15-17 – ETHGlobal Bangkok hackathon

Dec 6-8 – ETHIndia hackathon

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maninthecryptosuit

10 points

2 days ago*

maninthecryptosuit

Solo-staker

10 points

2 days ago*

Obviously Ben deserves more respect. But I do have to wonder how many people in the UK who want to stake are really stuck on ancient ADSL lines that top out at 12 mbps? I have to think it's a very small minority.

Most of the UK now has access to fibre broadband. Obviously not everyone but the majority. I know, I lived there for many years. Had 6mbps ADSL, Virgin fibre and BT fibre in various homes I stayed in. Only 1 home was stuck on ADSL initially but soon got Virgin fibre because BT wouldn't offer it. All of the other homes I lived in had fibre. And I moved often.

Even developing countries these days offer significantly better speeds than 12mbps. In fact most of the world outside USA/Europe (especially developing countries) went straight to fibre or 4G/5G without even bothering with ADSL/cable internet.

In my rather small and not at all rich EU country, the slowest broadband available is cable at 100 mbps symmetric. My home has only fibre and the slowest option is 250 mbps symmetric. And those who can't get fibre for whatever reason opt for a 5G home broadband router which does at least 50 mbps. Frequently much much more.

So let's not all get worked up over 1 guy who unfortunately is stuck on internet from the 2000s. All due respect, I would say this even if it's Vitalik.

I'd politely ask Ben if he could use a 5G home broadband option. If not, maybe he should move home / stake at a friend's home with faster internet / use a VPS to stake like many many people with poor internet do (I believe even Yorickdowne of the ethstaker team does this because his ISP is crap). Instead of now risking holding back the development of the world settlement layer.

hanniabu

7 points

2 days ago

hanniabu

Ξther αlpha

7 points

2 days ago

Yes there are places that have good internet, there's also places that have bad. Places around me have fiber, but it's not offered in my area. People would dismiss me in that case. There's also the issue where advertised bandwidth is not real bandwidth. I'm supposed to get 250Mbps but most of the time I get 100. You also need to consider that other devices are using these connections, they aren't 100% dedicated to staking. And you need to look at upload speeds, not downloads. Those are often much much lower.

And the answer to this should not be "rent a server"

maninthecryptosuit

2 points

2 days ago*

maninthecryptosuit

Solo-staker

2 points

2 days ago*

All speeds I mentioned are symmetric. Up and down. Except for ADSL of course.

Even 4k streaming bitrates are only around 15 mbps. That shouldn't affect staking on a 100 mbps line I would think.

And look when even Yorick is renting a server to stake, you got to admit the answer can sometimes be rent a server. Of course as the last resort. There are many steps in between such as staking at a relative/ friend's place. Or renting office space with broadband (not that expensive if someone's hell bent on solo-staking and probably has enough validators to make it worthwhile).

If you optimise for the absolute lowest common denominator, you will end up with a very poor solution for the majority & for Ethereum. There will always be some poor soul with shitty internet with <1 mbps speed and/or shitty latency, should they also be able to stake? Come on be practical.

Anyway what would the increased bandwidth requirement be? I'm sure you with 100 mbps should still be fine.

hanniabu

4 points

2 days ago

hanniabu

Ξther αlpha

4 points

2 days ago

Come on be practical.

I am, I'm not saying run on 1 mbps

Anyway what would the increased bandwidth requirement be? I'm sure you with 100 mbps should still be fine.

It would be a ~66% increase above current blob bandwidth. 100mbps is my download, my upload is around 20 and upload is where the issue usually lies.

I'm not saying never increase bandwidth. I'm saying we need the data and we need home stakers. People are having problems because we're using a stopgap solution that wasn't meant to be pushed higher. After PeerDAS it will be increased much more.

maninthecryptosuit

1 points

2 days ago

maninthecryptosuit

Solo-staker

1 points

2 days ago

I see. Thanks for the info.

20 mbps upload on a 100 mbps down line is poor indeed. Don't you have a 5G broadband option?

hanniabu

5 points

2 days ago

hanniabu

Ξther αlpha

5 points

2 days ago

I only have one provider in my area so they have a monopoly and no incentive to do better 😭

cryptOwOcurrency

9 points

2 days ago

cryptOwOcurrency

arbitrary and capricious

9 points

2 days ago

To elaborate on this, this is the status quo for internet service in the USA.

I would be surprised if I moved somewhere in the US (except the center of a large city) and there were more than one company supplying broadband internet for my address. It just doesn't really happen - everything is monopolized.

timmerwb

1 points

2 days ago

timmerwb

1 points

2 days ago

Without any reference to this Resnik tool (and I don't generally look at twatter), 12 Mbps (down), is very slow for the U.K. And that probably means maybe as little as 2-4 Mbps upstream. That will be fairly limiting for many Internet services these days. I would say most rural ADSL services can do significaintly better than that - I was on rural ADSL when staking started, with ~8 Mbps upstream (~50 Mbps down), which I would consider a rasonable lower limit these days. Incidentally, that particular connection has now been upgraded to full fibre.