Ethereum Centralization Debate Rages on After Ballyhooed Upgrade

The high-profile improve of the world’s most commercially necessary crypto community was alleged to make it much less centralized and weak to assault. A bit greater than every week after the enhancement, trade observers concern it could have the precise reverse impact.

Crypto lovers are poring over an obscure indicator birthed through the early days of crypto, dubbed the Nakamoto Coefficient, to judge the implications of the ‘Merge’. The occasion changed Ethereum’s power-hungry computer systems referred to as miners with so-called validators that pledge Ether tokens as safety to allow them to revenue from ordering community transactions.

Below the outdated proof-of-work format, 51% of …