Coin

<ul class="news-points">
 <li>Justin Bons has criticized the ETH governance for being highly centralized.</li>
 <li>Bons thinks controls in the ETH chain are exerted through the software clients without checks or balances.</li>
 <li>According to Bons, ETH governance is similar to that of most chains, including BTC.</li>
</ul>
The founder and CIO of Cyber Capital, Justin Bons, has criticized the ETH governance for being highly centralized. According to Bons, controls in the ETH chain are exerted through the software clients without checks or balances.
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 1/9) ETH governance is effectively highly centralized Control is exerted through the software clients without any checks or balances This is true for most chains, including BTC GitHub is a virtual dictatorship, as shadow rulers hide behind their fake meritocracy like a shield:— Justin Bons (@Justin_Bons) <a href="https://twitter.com/Justin_Bons/status/1710688598465315305?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 7, 2023</a>
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Bons expressed his opinion about the chain in a recent thread on X (formerly Twitter), where he noted that his observation on <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">ETH</a> governance is similar to that of most chains, including BTC. The acclaimed researcher believes GitHub is a virtual dictatorship that allows shadow rulers to hide behind their fake meritocracy like a shield.
The Cyber Capital…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/eth-governance-is-effectively-highly-centralized-researcher/">ETH Governance is Effectively Highly Centralized: Researcher</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

ETH Governance is Effectively Highly Centralized: Researcher

Coin Edition

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