[1/5] What is most misunderstood about the #ETH 2.0 #PoS ecosystem?
Spoiler: isethcentralized.com
Disclaimer: This is a study of ETH2 consensus centralization, not a public opinion of it being good or bad.
For anyone who thinks #centralization is a problem, buckle up.
Spoiler: isethcentralized.com
Disclaimer: This is a study of ETH2 consensus centralization, not a public opinion of it being good or bad.
For anyone who thinks #centralization is a problem, buckle up.
[2/5] Who will drive the new PoS mechanism moving forward?
Preliminary data show that centralized entities hold more than 55% of the validator nodes in the #Etherium ecosystem.
Preliminary data show that centralized entities hold more than 55% of the validator nodes in the #Etherium ecosystem.
[3/5] This dominance will only increase since the barrier to entry both from a monetary perspective (#32ETH) and from a tech perspective (validator nodes) is very high. Because of that, individuals have a solid incentive to outsource this task.
[4/5] To put this in perspective, the top 4 centralized entities in validator nodes hold more than 40% of the entire #PoS. And that is only with partial identification of the entities' nodes. So the actual amount is most likely way more.
[5/5] Is this good or bad for the #ETH ecosystem? I will analyze possible outcomes in a later thread. For now, I'll leave that up to you.
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