Get the latest tech news

Vitalik Buterin Addresses Threats To Ethereum's Decentralization In New Blog Post


In a new blog post, Ethereum co-founder Vitalik Buterin has shared his thoughts on three issues core to Ethereum's decentralization: MEV, liquid staking, and the hardware requirements of nodes. The Block reports: In his post, published on May 17, Buterin first addresses the issue of MEV, or the fin...

Buterin also addressed the relatively low number of solo Ethereum stakers, as most stakers choose to stake with a staking provider, either a centralized offering like Coinbase or a decentralized offering like Lido or RocketPool, given the complexity, hardware requirement, and 32 eth minimum needed to operate an Ethereum node solo. "Incorrect answers could lead Ethereum down a path of centralization and 're-creating the traditional financial system with extra steps'; correct answers could create a shining example of a successful ecosystem with a wide and diverse set of solo stakers and highly decentralized staking pools," Buterin wrote. "I'm really proud that ethereum does not have any culture of trying to prevent people from speaking their minds, even when they have very negative feelings toward major things in the protocol or ecosystem.

Get the Android app

Or read this on Slashdot

Read more on:

Photo of vitalik buterin

vitalik buterin

Photo of ethereum

ethereum

Photo of decentralization

decentralization

Related news:

News photo

How two brothers allegedly swiped $25M in a 12-second Ethereum heist

News photo

Brothers arrested for $25 million theft in Ethereum blockchain attack

News photo

Ethereum’s Cofounder Says SEC Is ‘Gaslighting’ Everyone About Crypto