![]() ![]() Additionally, it appears Amazon Web Services (AWS) dominates in this sphere, contributing a 52.1% share, with 1,442 nodes then. Taking to Twitter, Love shared a shot indicating that most Ethereum nodes are run on centralized providers. Notwithstanding, the Ethereum team has debunked these claims each time.Ĭo-founder of Web3 storage infrastructure, Maggie Love, shared a disturbing discovery about Ethereum nodes last month. Several Bitcoin maximalists and other crypto proponents have brought up claims about this centralization issue from different directions. Pre-Merge, there had been several concerns of a centralization issue arising from Ethereum’s switch to PoS. Martin Köppelmann □□ September 15, 2022 Top 7 entities controlling >2/3 of the stake is pretty disappointing to see tbh /VBipyFUM7g ꧁ □□□□□□ℎ ꧂ 9K.GaryGenslerResign □ September 15, 2022Īccording to Martin, the top seven entities controlling over 2/3 of the stake is disappointing. At least 50% of #ETH and network nodes are controlled by the #Ethereum Foundation and #jpmorgan□♂️Įthereum is the biggest lie and fraud in the history of blockchain and investment. ⚡️□Breaking: Today, after 6 years, my words were proved. “Ethereum is the biggest lie and fraud in the history of blockchain and investment,” she added. She noted that her assertions have been proven right after six years. “This heavy dominance by these addresses is something to watch,” the Santiment handle added, as the hegemony of the two addresses appears to confirm previous allegations of a prospective centralized state for Ethereum in the event of a switch to PoS.Īs a response to the tweet from Santiment, a proponent who goes “Soroush” alleged that both addresses could belong to the Ethereum Foundation and American multinational investment bank JPMorgan Chase & Co. Both these addresses have cumulatively validated 293 blocks, representing a share of up to 45.15% of all validated blocks. Additionally, the second address has validated 105 blocks, taking a large chunk of 16.18% contribution. The first address has a share of 28.97%, contributing to the validation of up to 188 blocks alone. This heavy dominance by these addresses is something to watch. □ According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain blocks can be attributed to just two addresses. “This heavy dominance by these addresses is something to watch.” ![]()
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