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Ethereum Already Showing Signs of Increased Centralization

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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 world’s third-largest crypto exchange, own 27.5% and 14.5% of the network’s stake, respectively.

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  • Source: https://www.coindesk.com/tech/2022/09/15/eth-may-already-be-showcasing-increased-signs-of-centralization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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