Prominent investor and writer Jason A. Williams, a founding partner of Morgan Creek Digital Assets, slams the decentralization of the soon-to-be post-Merge Ethereum (ETH).
Ethereum (ETH) on PoS Already Under 51% Attack: Investor Jason Williams
No shit, Jason! Been saying this for ever!
Maybe "chains" was an apposite name for these creatures.
Welcome to the world of FairWealth.
There are a number of indicators that suggest that Ethereum (ETH) staking might be vulnerable to centralization issues post-Merge. For instance, according to Nansen, almost 2/3 of staked Ethers (ETH) are controlled by Lido Finance, Coinbase, Kraken and Binance structures.
There you have it - proof of stakeholder power.
Thing is, will any of the apps built on Ethereum care? Should we call them dapps - or capps?
Let it all sink in...
Man, that's pretty brutal... I smell a hard fork and more tokens for everybody. lol
Re🤬eD
Sinking
In , 🥓