Concerns After Ethereum Centralization Validated By Vitalik Buterin

Author: Yuvi June 22, 2022 Post-Merge Ethereum Centralization Concerns Validated

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.

He …

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Author: Yuvi

My name is Yuvi, I work as Sub Editor at newscinema.in

22 June, 2022, 11:12 pm

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Wednesday, 22nd June 2022

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