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Lido Warns Ethereum Upgrade Could Divert Staking Deposits to Builders

Lido Warns Ethereum Upgrade Could Divert Staking Deposits to Builders

Photo: TokenPost

Lido engineering lead Dmitry Gusakov warned that Ethereum’s Glamsterdam upgrade could route queued staking deposits to block builders during its transition, exposing a gap in protections used by staking protocols. At a developer meeting, Gusakov described builder and validator deposits sharing a public key while queued at the fork. A pending deposit sharing that key could be credited to the builder without creating the validator the staking protocol expects. Under Ethereum’s current rules, the first valid deposit for a validator public key fixes its withdrawal credentials, which determine where withdrawals go.

Source: TokenPost

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