THELOGICALINDIAN - They say bodies in bottle houses shouldnt bandy stones Well bodies purporting to accomplish absolutely decentralized blockchains like Ethereum apparently shouldnt either Data baldheaded by Chainstack appear that 616 of ETH nodes run in centralized billow services
Let’s Talk About ‘Centralized Pile(s) of Trash’
It wasn’t so continued ago that Vitalk annoyed a few accoutrement in the crypto association speaking at Blockchain Connect Conference. He aboveboard absolved blockchains like EOS, NEO, and Tron for claiming to accept hit ultra-high TPS speeds. His exact words were:
So, it’s rather awkward then, that just 38.4% of Ethereum’s 8,933 nodes are apart hosted. A massive 61.6% are active in the cloud.
Ethereum’s Biggest Stakeholder Is Jeff Bezos
Quite accurately calling out Vitalik’s allegedly decentralized network, David Canellis writing for Hard Fork questioned:
And it gets worse. The better stakeholder in the Ethereum arrangement is Amazon Web Services (AWS). Bezos’ behemoth aggregation alongside operates about 25% of all ETH nodes.
Control console for blockchains Chainstack fabricated use of the Ethereum analysis agreement to bare this information. This is the apparatus that ETH nodes use to acquisition anniversary added to accompany the network. Anniversary bulge maintains a account of all added nodes beyond the arrangement in 24 hours.
Using ethernodes.org, Chainstack was able to acquisition the complete account of ETH nodes as able-bodied as their IP addresses. This accustomed them to assay area the nodes were actuality hosted and by which provider.
If the actuality that AWS hosting 25% of the Ethereum arrangement wasn’t alarming enough, the top 10 billow hosting providers are active some 57.3% of all ETH nodes amid them. This includes Google Billow Platform and Alibaba Cloud.
One False Move and Ethereum Goes Dark?
That’s an abominable lot of absorption for a blockchain claiming to be a decentralized self-sovereign network, cloudburst contemptuousness on ‘centralized bags of trash’.
With 34% of ETH nodes actuality run in the U.S. and Bezos demography the lion’s share, what’s to anticipate him from wielding his ability and endlessly the nodes from running, thereby damaging both the arrangement and its price?
Canellis credibility out:
Moreover, if added billow providers followed suit, Ethereum could appealing abundant abandon brief (more than bisected of it anyway).
While ETH devs assignment about the alarm aggravating to calibration their authentic decentralized network, maybe Vitalik should booty a footfall back. After all, what’s the aberration amid accepting over 8,000 nodes or accepting aloof seven if best of them are hosted by centralized services?
What do you anticipate about Ethereum’s akin of centralization? Add your thoughts below!
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