Ethereum

Orbit

Bitcoin

Foundation

<ul> 
 <li>Vitalik Buterin rejects claims of Ethereum’s centralization, emphasizing ongoing efforts to maintain decentralization.</li> 
 <li>Péter Szilágyi raised concerns about the PeerDAS upgrade, suggesting it could hinder home stakers and centralize the network.</li> 
 <li>Buterin highlights Ethereum’s robust decentralization, contrasting it with Bitcoin’s concentrated mining power</li> 
</ul> 
Vitalik Buterin addressed concerns about Ethereum’s commitment to decentralization following key developer Péter Szilágyi’s worries about the project’s research and development direction. Buterin firmly rejected claims that the research team is moving towards centralization. 
Szilágyi’s Concerns and Buterin’s Response 
Péter Szilágyi expressed his concerns on social media about the PeerDAS upgrade, which proposes increasing Ethereum’s blob size to 32 MB. He argued this could hinder home stakers, potentially centralizing the network. Szilágyi suggested that the research team might be prioritizing centralization as long as it could be verified.&nbsp; 
Vitalik Buterin firmly rejected these claims, emphasizing that the Ethereum Foundation remains dedicated to minimizing centralization. <a href="https://cryptonewsland.com/vitalik-buterin-reveals-ethereums-pow-centralization-problems/" target="_blank" rel="noreferrer noopener">Buterin</a> highlighted that multiple discussions at a recent Foundation research workshop focused on decentralization. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f5e3.png" alt="🗣" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum co-founder Vitalik Buterin responded to criticism from Péter Szilágyi on X. Buterin, who attended the Ethereum Foundation Symposium last week, indicated that Szilágyi's assertion is incorrect. He emphasized the team's efforts to minimize centralization and highlighted…— BitcoinWorld Media (@ItsBitcoinWorld) <a href="https://twitter.com/ItsBitcoinWorld/status/1817098255450411397?ref_src=twsrc%5Etfw">July 27, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Key Focus Areas from the Workshop 
At the workshop, several key areas were discussed to address centralization concerns. One focus was analyzing multiple proposers to eliminate the builder role, maximizing the power of inclusion lists, and exploring ideas about fork selection based on transaction inclusiveness. 
Buterin also mentioned efforts to accelerate the deployment of the Orbit mechanism, which could significantly reduce the minimum deposit size for staking. 
Ongoing Debates within the ETH Ecosystem 
The exchange between Szilágyi and Buterin highlights ongoing debates within the Ethereum ecosystem. Balancing technological advancements with the principle of decentralization remains a significant challenge.&nbsp; 
In a broader context, Buterin has previously analyzed decentralization in Ethereum compared to Bitcoin and other networks. Speaking at ETHCC in Brussels, he noted that Ethereum is better positioned than Bitcoin regarding robustness and decentralization.&nbsp; 
He pointed out that, although two mining pools account for 50% of Bitcoin’s computational power and four for 75%, a significant chunk of Ethereum’s network is run by unidentifiable individuals or independent stakeholder groups. 
Vitalik Buterin’s latest pronouncements are intended to address and ease worries regarding Ethereum’s development trajectory. He reiterated that decentralization remains a core focus. This commitment is essential as Ethereum continues to evolve and navigate the complexities of technological advancement while maintaining its foundational principles. 
<h4 class="wp-block-heading" id="h-read-also">Read Also:</h4> 
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/vitalik-buterin-reveals-ethereums-pow-centralization-problems/">Vitalik Buterin Reveals Ethereum’s PoW Centralization Problems</a></li> 
 <li><a href="https://cryptonewsland.com/coinbase-rises-as-second-largest-eth-staking-entity-but-centralization-concerns-loom/">Coinbase Rises as Second Largest ETH Staking Entity, But Centralization Concerns Loom</a></li> 
 <li><a href="https://cryptonewsland.com/xrps-design-and-centralization-debate-insights-from-ripples-cto/">XRP’s Design and Centralization Debate: Insights from Ripple’s CTO</a></li> 
 <li><a href="https://cryptonewsland.com/analyzing-xrps-resilience-and-cardanos-struggles-in-the-crypto-market/">Analyzing XRP’s Resilience and Cardano’s Struggles in the Crypto Market</a></li> 
 <li><a href="https://cryptonewsland.com/nfl-superstar-tom-brady-calls-vitalik-buterin-goat/">NFL Superstar Tom Brady Calls Vitalik Buterin “GOAT”</a></li> 
</ul> 
The post <a href="https://cryptonewsland.com/vitalik-buterin-addresses-ethereum-centralization-concerns/">Vitalik Buterin Addresses Ethereum Centralization Concerns</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.

Vitalik Buterin Addresses Ethereum Centralization Concerns

Crypto News Land

27 Tem 2024 tarihli diğer yazılar

No Ethereum Euphoria, Price Dips Slightly Despite ETF, MEW Maintains Momentum, Rollblock (RBLK) C...

Rollblock (RBLK) Raising The Crypto Stakes, GambleFi Token Set To 100X, DOGE And Notcoin (NOT) Ho...

Trump Fuks Kamala Will Explode Over 19,000% Before Exchange Listings, As SHIB and Dogecoin Lag

Lufina Launches ClickCity: Redefining Tap-to-Earn with Innovative Blockchain Integration

Top 5 Altcoins Set to Surge as We End the Month – Don’t Miss Out!

How High Shiba Inu Could Rise if it Surges 27,000,000%

Güncel kripto para haberleri için ücretsiz bültenimize abone olun!