ETH May Already Be Showcasing Increased Signs of Centralization

ETH May Already Be Showcasing Increased Signs of Centralization


In his thread, Köppelmann mentioned that just seven players own more than two-thirds of the stake on Ethereum’s proof-of-stake network – the key measure of network power under the new miner-free system. Lido, a kind of community-led staking collective, and Coinbase, the third-largest crypto exchange, own 27.5% and 14.5% of the network’s stake, respectively.

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