Ethereum Co-Founder Vitalik Buterin Worried About Post-Merge Centralization
Ethereum (ETH) co-founder Vitalik Buterin has said he is "definitely" worried about centralization risks following The Merge. In the aftermath of the Merge, when the current Ethereum Mainnet merged with the beacon chain proof-of-stake (PoS) system, Buterin expressed concerns about the increasing power held by certain entities.
Vitalik Buterin Source: A recent discussion, possibly visible in a video screenshot from a Lex Fridman YouTube interview, highlights Buterin\'s anxieties. He worries about the concentration of power amongst a few staking providers post-merge. This concentration could potentially lead to censorship and manipulation of the Ethereum network.
Ethereum\'s co-founder, Vitalik Buterin, has raised concerns about the dominant role of liquid staking protocols, particularly Lido and Rocket Pool, in the Ethereum ecosystem. Their large share of staked ETH gives them significant influence over the network\'s governance and block production.
Vitalik Buterin has said that he\'s surely worried about centralization dangers following the merge, of Ethereum. While the move to Proof-of-Stake aimed to improve energy efficiency and security, the concentration of staking power presents a new set of challenges. He believes addressing these centralization risks is crucial for the long-term health and decentralization of the Ethereum network.