Has Proof of Stake Made Ethereum More Centralized?
Blog iconTheImmortalWizard.lens(πŸ’™,🧑) πŸ›Έ
Nov 8
Has the move to proof of stake made Ethereum more centralized and censorship-prone? With its shift from proof of work to proof of stake last month, Ethereum now relies on validators, not miners, to add new transactions to the network. Those validators get to decide what transactions go into each block and in what order. Although that’s already lowered the energy consumption of the network by 99.99%, it also means that a large portion of the ETH securing the network sits with centralized entit...

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