Did you know that a small fraction of validators and large wallets control a disproportionate amount of Ethereum? On-chain data reveals that less than 1% of addresses have more than 90% of the ETH supply staked.
And this is just the beginning:
- Market Manipulation: These whales have enough power to influence the price of ETH at any time. While you buy and sell in the hope of profit, they move the market to suit their interests.
- Concentration of power: The promise of decentralization is weakened when governance and block validation are dominated by a few.
Unfair Games: If you think you are participating in an open and balanced market, think again. With so much control, they dictate the rules and always come out on top.
Is Ethereum really decentralized or is it just a centralized system in disguise? Decentralization died when power fell into the hands of a few.
And you, are you going to continue playing a game where the cards are already marked?
And this is just the beginning: