Stakeless?

The more security assurances we can place in trusted computing the less we need to rely on economic security for the chain.

Staking requirements can be significantly reduced and in the future have the possibility of being jettisoned altogether if we can assign enough diversity of actors to the network.

What does this mean for the health of the blockchain from a crypto-economic perspective? Does the currency lose purpose if it’s not being used to secure the network?

Ultimately the issue with staking, and what needs to be tackled, is the rich getting richer leaving little room for those without the ability to afford crypto a similar outcome. Our ideal universe would have it that if you can afford the hardware then you can run a node and be able to contribute. But the likely outcome is that there will be a small stake involved to provide Sybil resistance.