{"id":133563,"date":"2024-07-20T16:30:42","date_gmt":"2024-07-20T13:30:42","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133563"},"modified":"2024-07-20T12:42:03","modified_gmt":"2024-07-20T09:42:03","slug":"is-ethereum-more-decentralized-than-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/is-ethereum-more-decentralized-than-bitcoin\/","title":{"rendered":"Is Ethereum More Decentralized Than Bitcoin?"},"content":{"rendered":"

He argued<\/a><\/strong> that Ethereum\u2019s<\/a><\/strong> decentralization is stronger, citing that Bitcoin\u2019s mining power is heavily concentrated among a few pools. For example, just two pools control 50% of Bitcoin\u2019s<\/a><\/strong> mining power, while four pools control 75%.<\/p>\n

In contrast, Ethereum has a more distributed network, with many individual stakers and validators. Buterin highlighted that the Lido staking pool includes 37 different validators, contributing to Ethereum\u2019s decentralization.<\/p>\n

He noted that Ethereum\u2019s multi-client and multi-validator environment enhances its overall robustness.<\/p>\n\n

Ethereum\u2019s shift to Proof-of-Stake (PoS) after the Merge aimed to reduce energy consumption by replacing miners with stakers. However, critics have raised concerns about centralization due to the 32 ETH staking requirement.<\/p>\n

Buterin acknowledged these concerns and suggested that lowering the staking threshold could potentially increase the number of validators and improve decentralization.<\/p>\n

Buterin also discussed the concept of blockchains as \u201ctruth machines,\u201d emphasizing their role in ensuring transparency and consistency in digital messaging.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vitalik Buterin recently spoke at the ETHCC conference in Brussels about Ethereum’s decentralization compared to Bitcoin and other blockchain systems.<\/p>\n","protected":false},"author":3,"featured_media":38070,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-133563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"\nIs Ethereum More Decentralized Than Bitcoin?<\/title>\n<meta name=\"description\" content=\"Vitalik Buterin recently spoke at the ETHCC conference in Brussels about Ethereum's decentralization compared to Bitcoin and other...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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