๐ Vitalik Buterin raises the alarm on Ethereum's centralization risks! In his latest essay, he highlights how large stakers could dominate the network, leading to security vulnerabilities and reduced fairness. ๐ฑ
Buterin suggests solutions like inclusion lists and multiple concurrent proposers (MCP) to decentralize staking and block production. These measures aim to prevent big players from monopolizing the network and ensure smaller participants can thrive.
With 30% of ETH already staked, the rise of liquid staking protocols could further centralize power. Vitalik emphasizes the need for ongoing community discussions to safeguard Ethereum's decentralized future. ๐ #Ethereum #Blockchain #CryptoNews