First things first, I am biased. I will be staking right from genesis.

Having said that, I think it is a good idea to begin building social consensus for restoring validator balances upon a restart of the beacon should it be required. Phase 0 is not securing anything, and is not integral to the current operation of Ethereum. For that reason, I think we should begin to solidify the narrative that restoring validator balances upon a restart of the beacon chain (however unlikely) is not a hard fork or a bailout, it would be a standard and previously agreed upon procedure in a testnet that issues real ETH to incentivize participation.

I believe that building consensus around this will increase the amount of ETH staked overall, will make people more comfortable staking on their own vs using a centralized service, and (however unlikely it may be) keep people participating in POS should the first beacon chain fail.

H/T to /u/helikopterben for putting the phrase “incentivized testnet” into my brain.



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