Ethereum Decentralization at Great Risk as Amazon Hosts 52% of All Nodes at Data Centers: Messari

Aug 18, 2022 7:25 PM

Hello !!

Lmao, anyone with half a brain would have realized how centralized BTC and ETH truly are ages ago.

ETH transitioning to proof of stake ain’t good. Proof of stake as a concept involves whales and their supply staking the asset are the ONES who control the entire network, not because of fundamentals or real world use cases.

Just look at Bitcoin and it’s 45% market share dominance over this entire asset class. Utility is not why Bitcoin is good, it’s good because you have entities like Blackrock and people like Michael Saylor able to liquidate the smaller holders at any given time.

If you think ETH is centralized now, just wait until ETH 2.0.

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