# Issuance with Casper

- Channel: [ZuBerlin](https://streameth.org/zuberlin)
- Date: 2024-06-12
- Duration: 33:02
- Topics: ethereum, blockchain, staking, cryptocurrency, economics
- Watch: https://streameth.org/watch/666968aa07f92b086c285d3c
- Download: https://vod-cdn.lp-playback.studio/raw/jxf4iblf6wlsyor6526t4tcmtmqa/catalyst-vod-com/hls/580arovn1wquh67c/1080p0.mp4

## Description

Clip The video presents a detailed analysis of the potential issues surrounding excessive issuance in a cryptocurrency network, specifically focusing on Ethereum. The speaker discusses the implications of the current issuance policy and whether it would be sustainable if it remained unchanged for the next 20 years. The talk delves into the demand for staking versus the supply, explaining how different levels of stake participation affect issuance. Key takeaways include a steep demand curve for low levels of stake participation to ensure minimum security, diminishing value for additional stake, and uncertainty about future staking levels.

The discussion then shifts to supply dynamics, where it's noted that the willingness to supply stake is not well-defined and changes over time. A significant part of the talk is dedicated to differentiating between solo stakers and delegated staking, highlighting their respective costs, risks, and benefits. The speaker also emphasizes that solo stakers face more challenges as staking becomes more competitive and economies of scale favor larger centralized entities.

Furthermore, the video addresses concerns about protocol security if too much stake is controlled by a single entity and the potential for one liquid staking token to become dominant, effectively replacing raw ETH as the standard currency on Ethereum. This could introduce an unwanted trust layer into what is meant to be a trustless system.

In closing, the speaker