Ethereum co-founder raises concerns over ETH’s centralization post-Merge
After the successful Merge upgrade that transitioned Ethereum (ETH) to the Proof-of-Stake (PoS) protocol, the second-ranked crypto by market cap is projected to grow in terms of value and adoption. However, during the initial days of the upgrade, there are emerging concerns about the centralization of the network.
Ethereum co-founder Anthony Di Iorio has raised concerns regarding the dominance of few holders on the Ethereum network, noting that at the moment, PoS does not seem to be the perfect system, he said during an interview with Kitco News on September 29. Iorio specifically pointed out the strength of platforms like crypto exchanges in dominating the Ethereum network. However, he expressed optimism that decentralization will be achieved in the future.
Source
https://t.me/DeFi_Ethereum
