Ethereum

Coin

<ul class="news-points"> 
 <li><strong>The lawyer said that ETH cannot be considered fully decentralized despite its move to PoS.</strong></li> 
 <li><strong>ETH could move toward $1,700 if the 20 EMA remains above the 50 EMA.</strong></li> 
 <li><strong>Traders are also bullish on the ETH price action as the OBV also increased.</strong></li> 
</ul> 
<p>For a while, there has been some sort of debate if Ethereum (ETH) is a security or if the altcoin is a fully decentralized entity. While some have supported the notion that ETH was not sold as security, a few have chosen to oppose the viewpoint.</p>    
<p>In all of these, John E. Deaton, a crypto enthusiast and vocal lawyer who backs Ripple (XRP), shared some insights on the matter. In his post on X (formerly Twitter), Deaton referred to a 2018 <a href="https://prestonbyrne.com/2018/04/23/on-ethereum-security/" target="_blank" rel="nofollow">article</a> written by Preston Bryne.</p> 
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   <p lang="en" dir="ltr">“unless <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@VitalikButerin</a> subtly managed to telepathically hack everyone’s brains so buyers would participate in the pre-sale in an organized fashion, it would appear that a lot of Ether – enough Ether to move markets or, if the system migrates to proof-of-stake, enough to play a…</p>— John E Deaton (@JohnEDeaton1) <a href="https://twitter.com/JohnEDeaton1/status/1703538864390820035?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 17, 2023</a>
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<h2 class="wp-block-heading" id="h-eth-is-still-controversial">ETH Is Still Controversial</h2> 
<p>The article centered around ETH’s…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/ripples-supporter-raises-questions-about-eths-decentralization/">Ripple’s Supporter Raises Questions About ETH’s Decentralization</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Ripple’s Supporter Raises Questions About ETH’s Decentralization

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