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Whether we want to admit it or not, centralization remains a significant concern and issue for our industry, facing most major blockchains, even Ethereum.
To combat this, protocols like Rocket Pool and Etherfi have worked to lower the bar for people to join the network as validators. A new protocol, Heroglyphs, approaches this problem differently, turning to speculation to make the solo staker’s role more enticing.
Developed by OGs like 0xMaki, the anon co-founder of Sushiswap, this new system seeks to harness the often overlooked potential of Ethereum’s Graffiti—a small segment of arbitrary data in block headers—to empower a more distributed and robust network of complete validators by providing them the ability to earn, deploy, and lease (yes, lease) tokens.
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