Ethereums Centralization Concerns Rise Post-Merge and Shanghai, Says New Report
Ethereum Ang Mga Alalahanin sa Sentralisasyon ng Ethereum ay Tumaas Post-Merge at Shanghai, Sabi ng Bagong Ulat 22 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Is Ethereum becoming more centralized after two major upgrades? A recent research analyzes the effect of The Merge and Shanghai. JPMorgan‘s new report shed light on Ethereum’s greater centralization after The Merge and Shanghai, the two major upgrades of the network in a year. According to the insight, the transition from Proof-of-Work to Proof-of-Stake has seen a surge in Ethereum staking. However, this has led to a decline in the overall staking yield and the growing centralization. People dont want highly centralized systems, but it looks like Ethereum is going in that direction. Greater Centralization, Less Yield As reported, the total staking yield for Ethereum has decreased to around 5.5%. Before the Shanghai upgrade, this figure stands at 7.3%. Lido Finance is a go-to alternative for interested people who want to stake Ethereum without relying on a centralized entity. The protocol additionally has taken steps to mitigate centralization concerns by adding more node operators. However, despite Lidos efforts, there are still centralization risks. Lido currently accounts for “almost one-third” of staking on Ethereum. The report noted that a, Apart from centralization, rehypothecation was also a highlighted risk