.LidoFinance's liquid staking protocol now commands a whopping 1/3 share of total ETH staked on the Ethereum Beacon Chain. Is this a problem for the future of decentralization on Ethereum? reports.
By controlling a significant chunk of staked ether and assuming more than, Lido’s centralization issue increases the risk of undesirable events such as validator slashing, governance attacks and smart contract exploits.
On the other hand, in the lead-up to Ethereum’s decision to switch to proof-of-stake, there were concerns that centralized exchanges such as Coinbase would take over the lion’s share of staking pools. Lido was in itself created as an alternative to these centralized juggernauts. That it has outpaced Coinbase, Kraken and Binance could be seen as an encouraging sign that the ecosystem will be able to maintain a measure of decentralization in the future.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ethereum's main testnet set for proof-of-stake merge in early JuneEthereum's main public testnet, called Ropsten, is set to undergo 'the merge' next month as one of the final preparations.
Leer más »
Cloudflare to run Ethereum node experiment to help 'build a better internet'Cloudflare stated it will support the “development and deployment of Ethereum by running proof of stake validator nodes” starting over the next few months.
Leer más »
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus – Bitcoin NewsCloudflare, one of the biggest content delivery and DDoS mitigation companies, announced a new Web3 push that leverages Ethereum's upcoming proof-of-stake network.
Leer más »
Cloudflare to Support Ethereum by Launching Validator Nodes | CoinMarketCapCloudflare announced its support for the development and deployment of Ethereum! 🤩 But which countries will have access to its validator nodes? 🤔 Let's find out!👇
Leer más »
Address Related to Ronin Hack Makes Big Ethereum TransferThe Ethereum funds that have been moved to the Tornado Cash coin mixer
Leer más »
A16z Addresses Downturn in Inaugural State of Crypto ReportNoted venture capital firm a16z has released its inaugural State of Crypto report, which includes Web 3 trends and addresses the underlying cycle in the crypto market. By BrandyBetz
Leer más »