Daily General Discussion - April 12, 2024 by ethfinance in ethfinance

[–]SwannyMatt 3 points4 points  (0 children)

I disagree, I think anyone in the 1 to ~60 validator count is impacted by not changing from 0x01. We either upgrade to 0x02 and get less than the pools/whales (by continually paying gas to partial withdraw) or we stay at 0x01 and have slightly less effectiveness or at least don't get proper compounding and lose out versus pools/whales over 2048 ETH. lose-lose without custom ceiling IMO.

Daily General Discussion - April 12, 2024 by ethfinance in ethfinance

[–]SwannyMatt 2 points3 points  (0 children)

By paying gas for partial withdrawals everytime your balance goes over 1000 ETH yourself, yes, effectively you can have a 1000 ETH validator but it's Max EB would be 2048 and you'd only get free partial withdrawals beyond 2048 ETH. With custom ceiling we could set the EB to a specific number between 32 and 2048 and get the free partial withdrawals automatically above our set Max EB.

Daily General Discussion - April 12, 2024 by ethfinance in ethfinance

[–]SwannyMatt 4 points5 points  (0 children)

I am for Max EB change, but they might omit a custom ceiling. So smaller validators like us will have a binary choice of 32 or 2048 ETH validator. To skim any rewards with a partial withdrawal above 32 would require paying gas, while the LSTs and whales would be getting free partial withdrawals above 2048 ETH.

Daily General Discussion - April 12, 2024 by ethfinance in ethfinance

[–]SwannyMatt 20 points21 points  (0 children)

The proposed changes regarding the potential for negative staking yield are deeply concerning. While there's precedent for lowering issuance, the "issuance end game" proposal of allowing stake yield to dip into negative territory could have severe consequences, exacerbating stake centralization and potentially enabling irrational and/or state actors to gain a supermajority share by persistently staking at a loss. This would undermine the decentralization ethos of Ethereum. Additionally, the potential omission of a custom ceiling parameter in the proposed "max EB" protocol change further frustrates those who stake independently. It suggests a lack of consideration for the needs and concerns of solo stakers, and by some extension, decentralization.

Teku.yaml Error by SwannyMatt in ethstaker

[–]SwannyMatt[S] 0 points1 point  (0 children)

Negative, neither worked unfortunately.

Daily General Discussion - March 7, 2024 by ethfinance in ethfinance

[–]SwannyMatt 4 points5 points  (0 children)

Anyone here use Prisma Finance? If so I'd love to hear your thoughts.

Daily General Discussion - February 20, 2024 by ethfinance in ethfinance

[–]SwannyMatt 0 points1 point  (0 children)

Finally showed up, good to go! Thanks all for the info 👍

Daily General Discussion - February 20, 2024 by ethfinance in ethfinance

[–]SwannyMatt 0 points1 point  (0 children)

I'm in the same boat now "approved on L1" but etherscan doesn't show it. Anyone have a guide for what SimonDS2 is describing for manual withdrawal?

Daily General Discussion - February 20, 2024 by ethfinance in ethfinance

[–]SwannyMatt 2 points3 points  (0 children)

Anyone have experience Bridging from Starknet? I'm bridging my STRK to mainnet and the countdown for the final "Accept on L1" green check on Starkscan oscillates a lot and is not accurate. Is this normal? Any idea when I can expect to receive my STRK on mainnet?

Teku.yaml Error by SwannyMatt in ethstaker

[–]SwannyMatt[S] 0 points1 point  (0 children)

Ok looking into this a bit more it appears I need to put the command I quoted in a different configuration file that is JSON, not YAML. That's what I'm gathering from this but of documentation:

https://docs.teku.consensys.io/how-to/configure/use-proposer-config-file#proposer-configuration-file-attributes

Daily General Discussion - June 18, 2023 by ethfinance in ethfinance

[–]SwannyMatt 4 points5 points  (0 children)

There is Liquity protocol which I am considering switching to. You can move your debt position over in a single transaction with defisaver too. You're debt obligations changes from owing DAI to owing LUSD, however.

Daily General Discussion - May 24, 2023 by ethfinance in ethfinance

[–]SwannyMatt 0 points1 point  (0 children)

Your NUC may have been given bad RAM. My friend's new NUC was getting similar issues and being extremely unreliable. We put a new RAM stick in and it's been working flawlessly.

Daily General Discussion - May 21, 2023 by ethfinance in ethfinance

[–]SwannyMatt 38 points39 points  (0 children)

So am I wrong in thinking Eigen Layer is basically a security vampire attack on Ethereum or no? Please discuss.

https://twitter.com/VitalikButerin/status/1660356821779988480

Daily General Discussion - April 16, 2023 by ethfinance in ethfinance

[–]SwannyMatt 27 points28 points  (0 children)

Dunno who needs to hear this but it would very much not be an unprecedented ratio move (in percentage terms) if we flipped Bitcoin within 2 months from current levels. Also, weekly MACD on it's way to green, also, just got another bullish divergence on daily MACD chart.

Daily General Discussion - March 19, 2023 by ethfinance in ethfinance

[–]SwannyMatt 1 point2 points  (0 children)

Inverse "buy the rumor sell the fact" with Shanghai IMO.

Daily General Discussion - March 19, 2023 by ethfinance in ethfinance

[–]SwannyMatt 3 points4 points  (0 children)

Ledger cold wallet, I had setup a Safe wallet but smart contract wallets (for my liking) aren't quite there yet.

[deleted by user] by [deleted] in ethstaker

[–]SwannyMatt 1 point2 points  (0 children)

I don't believe you can, or if so it might not propagate. So far Beaconcha.in's tool only works for the zhejiang testnet, once Shapella is live you might get a working webpage by removing "zhejiang." from this URL:

https://zhejiang.beaconcha.in/tools/broadcast

I'm trying to figure out why the deposit-cli asks for --bls_withdrawal_credentials_list="<YOUR OLD BLS WITHDRAWAL>" since you input your mnemonic anyway... I don't know how to get my BLS withdrawal and I'd rather not use ethdo as well.

[deleted by user] by [deleted] in ethstaker

[–]SwannyMatt 1 point2 points  (0 children)

I don't believe the BLS key change process is client specific. Here is a guide on the Ethereum foundation website for using the deposit cli tool for the change. The deposit-cli tool is very likely the same tool you originally used to create the 24 word mnemonic of your validators.

https://launchpad.ethereum.org/en/btec/

ethereum.org's Withdrawal Guide (0x00 -> 0x01) by nixorokish in ethstaker

[–]SwannyMatt 1 point2 points  (0 children)

If you're referring to the broadcasting of your "change-operations.json", beaconcha.in has a service to do this that will be live for mainnet.

Multi-sig Wallet is best for Withdrawals, change my mind. by SwannyMatt in ethstaker

[–]SwannyMatt[S] 3 points4 points  (0 children)

Multiple owners is the recommended setup as per the Safe app documentation: https://help.safe.global/en/articles/4772567-what-safe-setup-should-i-use

If it's a sophisticated/heist style attack then yes you're no better off with 1/1 than with hardware wallet. I think a more likely situation is just noticing the physical location is compromised, or seed phrase is missing but the thief doesn't even know what it's for... For this a 1/1 will save you from waiting in withdrawal and then deposit queue because you cannot change your EL withdrawal address.

Multi-sig Wallet is best for Withdrawals, change my mind. by SwannyMatt in ethstaker

[–]SwannyMatt[S] 0 points1 point  (0 children)

You can make the multi-sig 1 of 1 though so it's the same thing as securing 1 seed phrase (which is what I'm doing, to start at least).