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by BitwiseFool
1370 days ago
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When it comes to blockchains, it is considered good to have the "work" be spread across a wide number of parties. The goal is to have decentralized consensus. If any one entity, or a small number of entities, gain a significant share of either the mining hash-rate, or the staking pools, then there is a possibility of something called a 51% attack. While the two institutions from the tweet are unlikely to perform such an attack, their significant share of ETH raises questions about how decentralized the platform truly is. One such question that arises is, can the US Government impose restrictions on these pools so that transactions involving sanctioned addresses are not included? |
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