@BOMBERuss 15 September 2022 more from that month

The analytical company #Santiment reported on #Twitter that shortly after The #Merge update was completed and the #Ethereum network switched to Proof-of-Stake (#PoS), 45.15% of nodes launched for block verification, transaction processing and data storage work with only two addresses. This confirmed that the transition of Ethereum to PoS may not be without fundamental problems and caused the crypto community new concerns about the centralization of the network. At the time of preparation of the report, the first address has confirmed about 188 blocks, which is 28.97%. The second #address confirmed 105 blocks – 16.18%. These two addresses have a total share of 45.15% of all nodes. The data presented by Santiment caused an ambiguous reaction among the participants of the crypto community. Some see this as confirmation of their concerns about the centralization of the network, while others see it as a reason to accuse the platform's observers of incompetence. Supporters of the first point of view stated that both addresses may belong to the Ethereum Foundation and the American multinational investment bank JPMorgan Chase & Co. In addition, there are concerns that Ethereum may become more centralized, at least due to the fact that only five organizations account for up to 64% of the 13.4 million #ETH placed. Moreover, the Lido liquid betting service accounts for the largest share of 31%. In August, Maggie Love, co-founder of the Web3 storage infrastructure, shared her concerns, who reported that most of the Ethereum network nodes are managed by #centralized providers, including Amazon Web Services (AWS), which dominates this area with a share of 52.1%, Hetzner (more than 15%) and OVH (4.1%). Supporters of the opposite point of view said that the analysts of Santiment reacted superficially to the analysis of the events taking place. The addresses given as arguments for their messages actually consist of tens of thousands of validators, and this suggests that they are just repeaters. #CryptoCurrency