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Who exactly do you think underpins most of Ethereum. It's mega corporations. [1] And decentralisation in crypto is in reality a myth when you have so many cent
by threeseed 4y ago
Who exactly do you think underpins most of Ethereum. It's mega corporations. [1]
And decentralisation in crypto is in reality a myth when you have so many centralised players e.g. Binance, Metamask, OpenSea.
[1] https://crypto.news/3-cloud-providers-responsible-for-over-two-thirds-of-ethereum-nodes-messari-says/ https://crypto.news/3-cloud-providers-responsible-for-over-t...
- mattdesl 4y agoThe article cites a tweet, which cites Ethernodes. According to that site, 63% of hosted nodes are run by Amazon, or about 39% of all nodes. The next largest host is Hetzner at 7% of hosted (far lower than it was a few months ago, because they announced they are no longer supporting Ethereum) which accounts for about 4% of all nodes. Not that surprising, since Amazon runs a huge percentage of all hosted compute in the world. Luckily, Amazon owning a large share of nodes doesn’t mean they own or can control Ethereum. But they certainly do pose a risk to the overall network security and health, and validation-at-home can and should continue to be made easier. https://ethernodes.org/networkType/Hosting https://ethernodes.org/networkType/Hosting