Ethereum

JD Vance

when

Vitalik Buterin has stepped forward to address concerns about the project’s commitment to decentralization. The controversy began when Péter Szilágyi, a prominent figure in their development team, publicly expressed worries about the direction of Ethereum’s research and development efforts.
<h2 id="vitalik-buterin-refutes-p-ter-s-assertion">Vitalik Buterin Refutes Péter’s Assertion</h2>
Vitalik Buterin has firmly rejected claims that the research team is accepting centralization. His statement comes in response to concerns raised by Péter Szilágyi, head of the Ethereum team, about the direction of their development. <a href="https://coingape.com/glossary/vitalik-buterin/" target="_blank" rel="noopener noreferrer nofollow">Buterin</a>, who recently attended a Foundation research workshop, emphasized that multiple discussions focused on minimizing centralization.
Vitalik outlined several areas of focus from the workshop, including analysis of multiple proposers to potentially eliminate the builder role, maximizing the power of inclusion lists, and ideas about fork selection based on transaction inclusiveness. He also mentioned efforts to accelerate the deployment of the Orbit mechanism, which could significantly reduce the minimum deposit size for <a href="https://coingape.com/glossary/staking/" target="_blank" rel="noopener noreferrer nofollow">staking</a>.
The controversy arose when Szilágyi expressed concerns about the proposed PeerDAS upgrade, which would increase the Ethereum blob size to 32 MB. He argued that this change could hinder home stakers from participating in the network, potentially compromising decentralization. Szilágyi’s comments on social media suggested that researchers were “murdering” home stakers and that the research team had accepted the idea of centralizing everything as long as it could be verified.
Buterin’s response aims to reassure the community that <a href="https://coingape.com/decentralization-will-build-a-better-internet-for-all/" target="_blank" rel="noopener noreferrer nofollow">decentralization</a> remains a core focus of the project’s development efforts. This exchange highlights the ongoing debates within the ETH ecosystem about balancing technological advancements with the fundamental principle of decentralization.
Also Read:&nbsp;<a href="https://coingape.com/vaneck-teases-solana-etf-again-as-sol-surpasses-bnb-for-4th-spot/" target="_blank" rel="noopener noreferrer nofollow">VanEck Teases Solana ETF Again As SOL Surpasses BNB for 4th Spot</a>
<h2 id="ethereum-s-decentralization-compared-to-other-networks">Ethereum’s Decentralization Compared to Other Networks</h2>
In a broader context, Vitalik Buterin has previously provided a detailed analysis of decentralization in Ethereum compared to Bitcoin and other networks. Speaking at ETHCC in Brussels, he pointed out that ETH is in a better position than Bitcoin in terms of robustness and decentralization.
He noted that while two mining pools account for 50% of Bitcoin’s computing power and four make up 75%, a large portion of ETH’s network is operated by unidentified individuals or independent stakers. This comparison shows ETH’s ongoing commitment to maintaining a decentralized network structure as it continues to evolve.
Also Read:&nbsp;<a href="https://coingape.com/donald-trump-receives-extended-support-from-bitgo-ceo-jd-vance/" target="_blank" rel="noopener noreferrer nofollow">Donald Trump Receives Extended Support From Bitgo CEO &amp; JD Vance</a>
The post <a href="https://coingape.com/vitalik-buterin-denies-ethereum-centralization-claims-heres-everything/" rel="noopener noreferrer nofollow">Vitalik Buterin Denies Ethereum Centralization Claims, Here’s Everything</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Vitalik Buterin Denies Ethereum Centralization Claims, Here’s Everything

Innehållsförteckning

Coingape News Media

Andra artiklar publicerade 27 juli 2024

Shiba Inu Burn Rate Jumps 225% as SHIB Enters Epic Rebound Mode

Ben Armstrong Apologizes to Solana Community, Here’s Why

Conflux eSpace Goes Live on C3 Caller: Lower Fees, Higher TPS

Ethereum Plummets 8.5% Following ETF Outflows: Analyzing the Market Reaction

Spot Ethereum ETFs Saw $341M Outflows, Options Buying Ignites Hope: QCP

Why Did Donald Trump Change His Mind On Bitcoin?

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!