Trouble on my left, trouble on my right, I've been facing trouble almost all my life. My sweet love, won't you pull me through? - Cage The Elephant

There are a few things that come to mind when we hear the word Ethereum.

However, the most important word surrounding Ethereum is actually decentralization.

Decentralization is where Ethereum has been truly successful. No matter if you compare new or existing layer-1s in the crypto verse, none of them will ever be able to compete with Ethereum in terms of decentralization.

How has Ethereum been so successful in decentralization?

Ethereum has been able to solve a multi dimensional problem, and hence the reason why it has been so successful.

Now, there is a new proposal that is aiming to increase the staking balance from 32 to 2048.

There are very reasonable and plausible reasons to do so as described in the proposal.

However, increasing the staking balance to 2048 is potentially bad for a few core reasons:

We need to look for more alternative solutions to solve the current challenges without raising the staking balance. Ethereum needs to stay decentralized and democratized.

This is the way of the Ether. Just another humble opinion.