EIP-8367's 64 ETH ceiling is already underwater
· 5 min read
A draft proposal to sunset Ethereum's old BLS withdrawal credentials starts from a neat premise: set the initial balance ceiling at 64 ETH, safely above every affected validator, then lower it gradually. Mainnet has already broken that premise. Six active 0x00 validators now hold more than 64 ETH, with a combined 31.31 ETH above the proposed cap.