Replying to Avatar Bourbonic Plague

So if it turns out that too many people try to withdraw ETH and dump it, how long before they do another hard fork to throttle their withdrawal queue even more?

Looks like the current limit at current prices is somewhere around 1% of the typical daily volume.

It’s probably going to be much more orderly than I wish and they’ll probably have plenty of time to hard fork and limit things even more if things seem like they are going against them.
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paulo 2y ago

I’ll just refer to my previous comment on your previous note.

Ethereum is being centrally planned.

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Bourbonic Plague 2y ago

Definitely, and the people who stake their ETH with this level of uncertainty and central planning deserve whatever comes.

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paulo 2y ago

Absolutely, they should accept the risks they’re taking.

But it won’t be that way, most likely. They’ll ask for more central planning, as long as it keeps pumping their (trapped) bags.