Will a Proof-of-Stake Ethereum Lead to More Centralization?

Will a Proof-of-Stake Ethereum Lead to More Centralization?

Lido, Coinbase, Kraken and Binance, the four largest validator node operators on Ethereum’s PoS Beacon Chain, have amassed a 54% share of all ETH staking activity, according to Nansen. Lido’s dominance, by virtue of controlling roughly 33% of total ETH staked on Ethereum’s PoS blockchain, has raised centralization worries in relation to Ethereum’s long-term health and security.

Originally Posted on: https://www.coindesk.com/layer2/2022/05/18/will-a-proof-of-stake-ethereum-lead-to-more-centralization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sage D. Young

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