[rvz]

The moment you have to stake 32 ETH to be a validator, it was already made highly inaccessible for most.

As soon as that node ends up running on AWS rather than a user’s typical laptop as suggested by Vitalik and his friends, then that was another decentralization failure there and there is no self-hosting at home.

Finally, when the merge was finalized, there where only two addresses that ended up holding more than 48% of Ethereum that is used for the PoS mechanism to work. Another centralization risk feared that happened in reality.

So, that looks to me like a failure of decentralization and a more centralized system that as expected; made worse with Proof of Stake.