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After the Merge, Ethereum is facing a possible 51% attack because fewer participants dominated the reorg of the Ethereum mining power.
But we are really talking about 33% attack in the Ethereum PoS since Ethereum was implemented at 33% benchmark gate to prevent further domination, which costs attackers to lose their stakes and delay in finalizing the transactions.
You then will wonder if Ethereum will become more centralized, which is what many people question and debate.