The Shocking Truth About Who Really Controls Ethereum – And Why It Could Change Everything!
Ethereum is often seen as the mainstay of decentralization. But what if I told you that Ethereum's decentralization is an illusion? That there is a group of players with disproportionate power over your network?
Let's get to the facts:
75% of validation is concentrated in a few giant stakers: Centralized exchanges like Binance, Coinbase, and Kraken control a significant portion of the validators. This means that these corporations have a bigger say in the governance of the network than you might think.