Ethereum co-founder Vitalik Buterin believes that the centralization of proof-of-stake (POS) poses a significant threat to Ethereum. POS centralization is where large stakers dominate and small stakers join large pools. Centralization increases the risk of problems like 51% attacks and transaction censorship. Additionally, there’s the risk of value extraction, where a small group benefits at […]
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Vitalik Buterin lays down roadmap to minimize centralization risk in Ethereum POS design