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A comment on Hard Problems in Cryptocurrency: Five Years Later. Parent comment

Re:Hard Problems in Cryptocurrency: Five Years Later by gerikson on Sunday November 24, 2019 @06:19AM (#21619706)
32 ETH is ~$4,800 at today's price of $151.07[1]. What's the expected "payout" for this stake?

[1] CoinMarketCap used as source.

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Re:Hard Problems in Cryptocurrency: Five Years Later by DennisP on Sunday November 24, 2019 @08:39AM (#21620333)
Expected payout depends on the total amount staked. With a large amount staked it's only a couple percent annually; with a small amount it's up to 18% annually. The idea is an equilibrium will be reached in the middle somewhere.
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Re:Hard Problems in Cryptocurrency: Five Years Later by lawfulcactus on Sunday November 24, 2019 @04:08PM (#21623419)
How are participants prevented from simply splitting up their stakes?
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Re:Hard Problems in Cryptocurrency: Five Years Later by DennisP on Sunday November 24, 2019 @05:17PM (#21623840)
The return isn't based on how much you stake. It's based on how much everybody stakes. It's targeting an approximate amount of total ETH staked and doesn't really care how much is staked by each individual.
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Re:Hard Problems in Cryptocurrency: Five Years Later by gerikson on Sunday November 24, 2019 @02:37PM (#21622747)
That's an interesting formula.
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Re:Hard Problems in Cryptocurrency: Five Years Later by omarchowdhury on Sunday November 24, 2019 @03:38PM (#21623185)
More than the interest paid on savings accounts.
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