Concerns After Ethereum Centralization Validated By Vitalik Buterin
The long-awaited update for Ethereum called The Merge is scheduled for the end of the year.
Following the merger, when the current Ethereum mainnet merged with the Beacon Chain proof-of-stake (PoS) system, Ethereum (ETH) co-founder Vitalik Buterin announced that he is “absolutely” concerned about centralization. . Threat. The mastermind behind Ethereum explained that Lido Finance, the largest Ethereum staking service provider where nearly a third of stakes are held in ETH (STETH), theoretically has the power to intervene in the Ethereum network following the merger.
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