Ethereum

<ul><li>Vitalik Buterin claims Ethereum&#39;s decentralization surpasses Bitcoin&#39;s, despite staking cost concerns.</li><li>Bitcoin&#39;s mining pools centralize 75% of power; Ethereum’s validators are more diverse and numerous.</li><li>Ethereum’s shift to PoS aims to reduce energy use, but critics worry the 32 ETH threshold limits decentralization.</li></ul>Vitalik Buterin, co-founder of Ethereum, recently addressed the ongoing debate over the decentralization of Ethereum compared to Bitcoin. During his presentation at the ETHCC in Brussels, Buterin argued that Ethereum&#39;s decentralization is superior to that of Bitcoin. This assertion comes despite recent criticisms surrounding the cost of staking ETH. Buterin&#39;s detailed analysis highlights Ethereum&#39;s robust decentralized structure, contrasting it with Bitcoin&#39;s more centralized elements.Buterin&#39;s critique centers on the centralized nature of Bitcoin&#39;s mining pools. Currently, two mining pools are responsible for half of Bitcoin&#39;s computing power, while four pools control 75%. In contrast, Ethereum&#39;s validator system exhibits a more distributed approach.<a href="https://cryptotale.org/buterin-defends-ethereums-decentralization-amid-bitcoins-mining-centralization/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Buterin Defends Ethereum’s Decentralization Amid Bitcoin’s Mining Centralizatiom

CryptoTale

Další články publikované 22. 7. 2024

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