Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News

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Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies – Bitcoin News
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Today, the the top four ethereum staking providers hold 8.13 million $ETH or 59.3% of the aggregate staked.

published on substack.com that criticizes PoS. The substack.com article is written by Scott Sullivan and it claims that “to be a validator is to live every day walking on [eggshells]” and “PoS is a permissioned system.”

Meanwhile, most of the criticism stems from bitcoiners, some of whom are labeled as bitcoin maximalists. Ethereum proponents think the idea is absurd and one supporter noted that he would simply jump to anchain that doesn’t censor transactions. “Guys,” Ryan Adams tweeted, “[the U.S. government] isn’t trying to censor [ethereum] validators right now. Let’s not get ahead of ourselves. But … if they ever do … I’ll be on the fork of Ethereum that doesn’t censor transactions. Simple as that.

Images shared by Eric Wall on September 16, 2022. The image on the left was originally shared by Banteg, and the image on the right was originally shared by Alex Svanevik.

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