Over 40% of Ethereum PoS nodes are controlled by 2 addresses, according to data from Santiment
Data released hours after the merger raised concerns about the alleged centralization of outlets.
New
Santiment's analysis indicates that 46.15% of Ethereum's PoS nodes are controlled by just 2 addresses.
Hours after the merge, the first address validated approximately 188 blocks or 28.97% of the nodes, and the second validated 16.18% or 105 blocks. On Twitter, data became a controversial topic as users debated the impact of the merger on the centralization of the world's largest network.
According to our #Ethereum Post Merge Inflation Dashboard, 46.15% of #proofofstake nodes for data storage, transaction processing, and adding new #blockchain blocks can be assigned to only two addresses. This strong dominance of these addresses should be monitored. pic.twitter.com/KQdFNgGloD
— Santiment (@santimentfeed) September 15, 2022Prior to the merger, blockchain analytics platform Nansen released a report showing 5 entities holding 64% of all ETH staked, with Coinbase, Kraken, and Binance accounting for almost 30% of ETH staked. Reports have also shown that the majority of the 4,653 active Ethereum nodes are in the hands of centralized web service providers like Amazon Web Services (AWS).
"Since the success of the...
Data released hours after the merger raised concerns about the alleged centralization of outlets.
New
Santiment's analysis indicates that 46.15% of Ethereum's PoS nodes are controlled by just 2 addresses.
Hours after the merge, the first address validated approximately 188 blocks or 28.97% of the nodes, and the second validated 16.18% or 105 blocks. On Twitter, data became a controversial topic as users debated the impact of the merger on the centralization of the world's largest network.
According to our #Ethereum Post Merge Inflation Dashboard, 46.15% of #proofofstake nodes for data storage, transaction processing, and adding new #blockchain blocks can be assigned to only two addresses. This strong dominance of these addresses should be monitored. pic.twitter.com/KQdFNgGloD
— Santiment (@santimentfeed) September 15, 2022Prior to the merger, blockchain analytics platform Nansen released a report showing 5 entities holding 64% of all ETH staked, with Coinbase, Kraken, and Binance accounting for almost 30% of ETH staked. Reports have also shown that the majority of the 4,653 active Ethereum nodes are in the hands of centralized web service providers like Amazon Web Services (AWS).
"Since the success of the...
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