Two developers created 88% of blocks in the Ethereum network this month
Ethereum remains the main altcoin and the leading platform for deploying decentralized applications and smart contracts. However, in October of this year, two developers (Ethereum Beaverbuild and Titan Builder) created about 88% of all blocks in the Ethereum network, which raised concerns in the community about the potential centralization of the network.
This is an important issue that is directly related to the security of the entire network. Theoretically, large structures can determine the vector of development of the network, which contradicts the concept of decentralization. Ryan Lee, chief analyst at Bitget Research, commented on this situation. According to him, the dominance of 2 entities in the context of creating new blocks will not lead to serious consequences for the centralization of the network.
The expert noted that block creators do not have the ability to set priorities for specific transactions. "Developers and validators cannot control which payments will be included in the chain and which will be excluded. This negates any concerns about the main altcoin network being overly centralized."