Almost 50% Of Ethereum Nodes Belong To Just Two Adresses

submitted by [deleted] from twitter.com

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–][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.