William K⚡Santiago🔑☢️ on Nostr: Since Ethereum's transition to proof-of-stake (POS) in 2022, I've consistently argued ...
Since Ethereum's transition to proof-of-stake (POS) in 2022, I've consistently argued that it has evolved into a platform with a high degree of centralization, undermining its decentralized principles. Over time, I believe this centralization will only intensify, creating a single point of failure and essentially becoming a hub for fiat-pegged cryptocurrencies, which lack the decentralized nature that cryptocurrency was intended to provide.
Published at
2025-02-22 13:31:08Event JSON
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"content": "Since Ethereum's transition to proof-of-stake (POS) in 2022, I've consistently argued that it has evolved into a platform with a high degree of centralization, undermining its decentralized principles. Over time, I believe this centralization will only intensify, creating a single point of failure and essentially becoming a hub for fiat-pegged cryptocurrencies, which lack the decentralized nature that cryptocurrency was intended to provide.",
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