Coin Gabbar Token

Ethereum Merge switched to proof-of-stake.There seem to be some unsettling characteristics present already. According to available data, only two addresses control close to 50% of all<a href="https://www.coingabbar.com/en/crypto-currency-news-english/two-addresses-control-percent-eths-pos-nodes" rel="noopener noreferrer nofollow"> Ethereum PoS nodes</a>. This finding has sparked some recent worries about centralization.<h3 id="strong-following-the-merge-two-ethereum-addresses-control-up-to-45-18-of-all-nodes-strong">Following the Merge, two Ethereum addresses control up to 45.18% of all nodes.</h3>Immediately following The Merge on Thursday, the development was announced on Twitter by<a href="https://www.coingabbar.com/en/cryptocurrency" rel="noopener noreferrer nofollow"> the cryptocurrency market</a> intelligence site Santiment. The post-Merge inflation dashboard from Santiment shows that two addresses are in charge of over 45% of all Ethereum nodes that are used for block validation, transaction processing, and PoS data storage.At the time of reporting, the first address had validated 188 blocks, or around 28.97% of the total. With 105 blocks validated, the second address has contributed 16.18%, or 105 blocks. Together, these two addresses account for 45.18% of all nodes.Reactions to the revelation have been mixed, with some supporters noting that it supports their fears about a centralised Ethereum PoS chain. Despite the promise of a greener strategy, the community has expressed some opposition to Ethereum’s migration to PoS.<h3 id="strong-lido-holds-31-ownership-in-all-eth-staked-strong">Lido holds 31% ownership in all ETH staked.</h3>Since nodes would be managed by a small number of chosen individuals, some pundits have already expressed worries about centralization. This would go counter to the<a href="https://www.coingabbar.com/en/crypto-blogs-english/top-dapps-crypto-best-decentralized-application" rel="noopener noreferrer nofollow"> decentralised nature of blockchain technology</a>. However, Ethereum co-founder Vitalik Buterin and other Ethereum engineers frequently dispute such assertions.Earlier, the blockchain analytics company Nansen issued a report outlining the breakdown of the 13 million&#43; ETH that are now staked. According to the paper, only five entities account for up to 64% of the 13.4 million ETH staked. Lido, a liquid staking service, has the largest proportion of these five, accounting for 31% of the total.Concerns about centralization have also been highlighted by the fact that a sizable portion of staked ETH originates from a single company. In the past, there have also been worries raised about<a href="https://www.coingabbar.com/en/crypto-currency/ethereum-eth-prices-usd" rel="noopener noreferrer nofollow"> the Ethereum network’s</a> increased vulnerability to censorship as a result of this centralization. This is mostly because OFAC recently imposed sanctions on cryptocurrency mixer Tornado Cash.

Ethereum Merge Displays Initial Signs Of Unease

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