I just voted in favor of funding the first BoLD validator. My main reason is security: having a ‘first honest proposer’ always available is crucial for reducing the risk of malicious actors, as the BoLD protocol only requires one honest participant to maintain its integrity.
Initially, I had concerns about potential centralization. However, after reading more about the BoLD protocol + the trustless bonding pools, I’m convinced these mechanisms provide strong incentives for diverse participation in both proposing and challenging, which helps to maintain a decentralized network.