https://blog.ethereum.org/2016/03/05/serenity-poc2/ more details here
technical
Serenity PoC2
Posted by Vitalik Buterin on March 5th, 2016.
More precise validator induction rules – maximum 250 validators, minimum ether amount starts off at 1250 ETH and goes up hyperbolically with the formula min = 1250 * 250 / (250 - v) where v is the current active number of validators (ie. if there are 125 validators active, the minimum becomes 2500 ETH, if there are 225 validators active it becomes 12500 ETH, if there are 248 validators active it becomes
156250 ETH). When you are inducted, you can make bets and earn profits for up to 30 million seconds (~1 year), and after that point a special penalty of 100 parts per billion per block starts getting tacked on, making further validation unprofitable; this forces validator churn
156k ETH from us will give us a nice steady side income while other bigger projects are working away.
i think we should make
a DAO proposal for the ulitmate ETH pool,Maybe we could switch ETH annually to avoid validator churn too.
Any thoughts guys?
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.....https://steemit.com/ethereum/@jupiter00000/coinbase-adds-ethbtc-trading
)
currently $120mill 
