Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News - News Summed Up

Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News


Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 CompaniesPrior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. However, a great deal of the 13.7 million staked ethereum is held by four known providers. 4 Known Providers Hold 59% of the Staked Ethereum TodayBitcoin.com News reported on Lido possessing 30% of the staked ether four days ago. That equates to 73% of the staked ETH, and the top four providers hold 8.13 million ETH or 59.3% of the aggregate. “Guys,” Ryan Adams tweeted, “[the U.S. government] isn’t trying to censor [ethereum] validators right now.


Source: Ethiopian News September 17, 2022 13:25 UTC



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