This is not a new idea. I saw presentations on issuance reform as early as Devcon Bangkok and again this year in Cannes. The problems of unbounded stake growth and dilution have been known for years. IMHO (as a home staker and supporter of Ethereum), EIP-8361 is a minimal, market-driven response. Regardless of your position, I encourage everyone to engage seriously with the reasons and justifications behind this proposal rather than reacting viscerally and attacking the contributors for raising a difficult but important subject.

@0xcyp solo staker here - i support the EIP. Ethereum doesn't exist to give me passive income, it's a service I choose to provide. i speak more as an ETH holder than as a staker: the issuance curve needs to change.

@jasnoodle @gd_gattaca @soispoke @barnabemonnot @drakefjustin @QuasarBuilder @0xKuDeTa @0xseiryu Please see the following links to learn more and read the details. Website: Ethresearch:

The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it. The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it. If we want to get Ethereum back to winning: - create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap - find a leader who is competent and wants to fight - make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it - fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability). Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).

1/3 We love Jane Street’s magic-trace. But most of our infrastructure runs on AMD, and magic-trace is Intel-only, so we built our own performance profiler for low-latency Rust pipelines and open-sourced it: flux-profiler. It produces traces fully compatible with magic-trace and the Perfetto UI. It was developed primarily for Linux x86-64. ARM and macOS have not been fully validated yet, so there may be some limitations. How it works: mark the functions you actually care about with #[timed], and it records every call with only ~14ns of hot-path overhead. Because you control the event volume, you can leave it running and capture hours of execution, not seconds. Below is a real trace of beacon state updates captured with flux-profiler and opened in the magic-trace viewer.

🚨 New EIP: Tapered Issuance Burn We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply. EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @pa7x1, @ladislaus0x & @drakefjustin 🧵