Only 226 validators have been slashed since Ethereum staking began, with 75 of those coming from a single event in February 2021.
According to a key etheric real estate developer, since the launch of the Beacon chain on December 1, 2020, the etheric ecosystem has cut only 226 verifiers-0.04 per cent of the 524060 verification devices.
Drastic reduction is a whole process in which the verifier violates the consensus standard for the confirmation of interest, which generally leads to the removal of the verifier from the network and a significant reduction in the part of the ETH provided by the verifier as collateral.
The probability of such confusion being slashed was described in a Feb. 23 tweet by Superphiz, a key etheric real estate developer, suggesting that people should not be worried about betting on ETH for this particular reason.
The developers also elaborated on "four new types of good practices" to further reduce this probability.
One of these practices, Superphiz says, is to erase all current link data information from the old betting device and reinstall and reformat the hard drive verifier if needed. Superphiz stressed that many gang fights are mainly due to "unsuccessful system migrations."
Superphiz then preferably uses the "doppelganger test" to check whether the key of the verification device is active before gradually verifying the whole process.
Although this will seriously affect the uptime of the verification device, he explained that, overall, the "perfect uptime" is not worth reducing:
"it is the wisest choice to lose $0.06 to save $1700. (the cost is greatly reduced to about 1 ether).
It is also worth paying attention to the buffer areas and system logs in the Beacon chain to understand all potential challenges that may arise, the developer said.
If there is a problem, Superphiz proposes to "unplug all the power" and "go home" after finding the problem and coming up with a proposed solution.
Real estate developers also mentioned that of the 226 cases of hacking, more than 150 were caused by service projects rather than "home tenants".
According to the etheric foundation, the cuts may be due to violations of "validation" or "recommendations".
Confirming a violation means that a deliberate verifier attempts to change block history data or "double network voting" by confirming two candidates for the same block.
A violation of the recommendation also occurs when the verifier explicitly proposes and signs two different blocks for the same expansion slot.
According to beaconcha.in, most of the cuts come from violations of verification requirements.
One of the biggest layoffs occurred on February 4, 2021, when betting infrastructure service providers cut 75 verifiers to produce competitive blockchains in the manufacturing market. The betting service provider indicated that the violation of verification requirements was mainly due to "technical difficulties".
Since the Beacon chain was combined with the etheric verification chain on September 9th. 15, according to beaconcha.in, only 35 of the 226 cuts occurred, suggesting that the combination did not have a far-reaching impact on the annual interest rate cut.
According to beaconcha.in, of the 120.4 million ETH currently in circulation, about 16.7 million ETH are betted (according to CoinGecko), and ETH accounts for about 13.9%.
ETH can be identified by centralized interchange, by handing over to a third-party verifier over the Internet, or by operating on 32 nodes that must be autonomous by ETH.