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> there's a few massive wallets that are hoarding a ton of eth that will be given more power from the POS transition It's not as if they're automatically given
by michaelsbradley 4y ago
> there's a few massive wallets that are hoarding a ton of eth that will be given more power from the POS transition
It's not as if they're automatically given more power. Such hoards of ETH would need to be deposited in units of 32 ETH to activate unique validators. You could have a large number of validators that are actually a single computer program participating in the Beacon chain, but that doesn't make too much difference.
At the bottom layer, we're talking about the application of an open p2p protocol on the Internet. People can and will analyze the traffic for that protocol, and it will be possible to identify rough shapes and sizes of players in the network. And such analyses won't be long in coming to public blog posts, etc. following the Merge.
If decentralization in the network seems at risk, there will be efforts to remedy the situation. Whether they can succeed is another question.