Just to make sure I understand correctly, Eth2 stakers have no “voting” power, b... | Hacker News

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		atweiden on May 22, 2022 \| parent \| context \| favorite \| on: .01% of Bitcoin holders hold 27% of all Bitcoin Just to make sure I understand correctly, Eth2 stakers have no “voting” power, but are relied upon in a core capacity to ensure the continued functioning of the network? Something about this explanation seems incomplete.

DennisP on May 22, 2022 [–]

Yes, that's exactly it. That's also how miners work in PoW. In both cases, they get paid for what they do.

atweiden on May 22, 2022 | [–]

Miners hold enormous political power in Bitcoin.

Users and developers are dependent on miners to create blocks. The negotiating power of miners is self-evident.

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