"When it seems that the price of ETH is going to break through $2K, I'm tired of waiting."
Unwittingly, a group of Ethereum (ETH) cryptocurrency developers are proposing major changes to validator requirements in light of future consensus layer upgrades.
There is no denying that the proposal will have some impact on the decisions of investors as it relates to ETH tokenomics, but it should be known that the price may go up.
In addition, the operation of validators whether large or small will also change and the staking operator may have thousands of validators as the size of the validator increases.
Please note that the new proposal of the digital asset will not only increase the ETH validator from 32 ETH, but it will have various benefits when the blockchain is updated in the future.
In context, Max Effective Balance is a parameter that sets a hard cap* on the balance of any validator, then having a large number of validators indicates that the infrastructure is decentralized.
*Highest amount of funds the development team wants to raise during the Initial Coin Offering (ICO)
If the proposal is approved, the upgrade of single-slot finality** and Enshrined Proposer-Builder Separation (ePBS)*** can be unlocked while the price of ETH has the potential to see a relatively positive movement.
**Instead of waiting for fifteen minutes, blocks can be proposed and finalized in the same slot
***A block design feature that divides the roles of block proposers and block builders
As of this writing, ETH price is up 0.51% at $1,732 in the last 24 hours with a market cap of $208 billion still down around 0.98% over the last week.
