Almost 50% Of Ethereum Nodes Belong To Just Two Adresses

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newinsightfulfun

[–][deleted]  (5 children)

[deleted]

    [–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

    Too much money lying around.

    As far as I understand the theory of blockchains, they could be used as a reasonable payment system. But not as a currency. Not for investing, not for trade in an investment sense.

    Sadly, so far, implementing real decentrality combined with mining is - more or less - always an invitation for anyone with money to try to mono- or oligopolize them.

    [–]CreditKnifeMan 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Sadly, so far, implementing real decentrality combined with mining is - more or less - always an invitation for anyone with money to try to mono- or oligopolize them.

    The same applies to precious metals mining, etc. Particularly the oligopoly.

    [–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

    You can say the same about the stock market.

    [–][deleted]  (1 child)

    [deleted]

      [–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      The stock market has more regulations, but people break the rules. You ever see the market move and you don't know why until later, well, the people moving the market are working on information not available to the general public. It happens constantly. And there are pumps and dumps of stocks just like crypto. Duped investors, rug pulls.... Same issues.

      Edit: synthetic assets are an issue on both too.

      [–]Scolias 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (5 children)

      Oh look it's a ponzi scheme. Color me shocked, SHOCKED I tell you.

      [–]Bigs 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (4 children)

      You don't know what a Ponzi scheme is, or how ETH works, but hey, Thailand means ladyboys, crypto means ponzi and not being gay means you're racist, right?

      [–]Scolias 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

      I know more about how the tech works than any of you morons.

      [–]Bigs 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

      Rude! And wrong. 2 "addresses" is meaningless, since they are agr... never mind. Stay in your bubble. N-joy!

      [–]Scolias 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

      luv u 2 babe

      [–]Bigs 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      Aww hunny x

      [–]CreditKnifeMan 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      Dero is a privacy focused version of Ethereum.

      It's basically Ethereum with Monero's privacy encryption.