3 cloud providers accounting for over two-thirds of Ethereum nodes: Data
The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable. The majority of 4,653 active Ethereum nodes are in the hands of centralized web providers like Amazon Web Services (AWS), which could “expose Ethereum to central points of failure,” according to crypto analytics platform Messari.A Monday post shows that three major cloud providers account for 69% of hosted nodes on the Ethereum Mainnet, with over 50% of that coming from Amazon Web Services (AWS), over 15% from Hetzner and 4.1% from OVH. Figures from Ethernodes additionally show that....
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Data released hours after the Merge prompted concerns about the alleged centralization of PoS. Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses.Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or 105 blocks. On Twitter, the data became a controversial topic as users debated about the impact of the Merge on centralization for the largest network in the world. According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes....
The terms of services, laid down by Ethereum's second-biggest host Hetzner, prohibits customers from running nodes, mining and farming, plotting, storage of blockchain data and trading. Just when the Ethereum ecosystem reached its final stages in preparing for the much-anticipated upgrade, The Merge, german cloud provider Hetzner, reiterated its stance against allowing mining operations for both proof-of-stake (PoS) and proof-of-work (PoW) applications.Hetzner, a private, centralized cloud provider, stepped in on a discussion around running blockchain nodes, highlighting its terms of....
Arguably one of the most eagerly awaited talks during the Ethereum's Devcon1 conference in London was that of Marley Gray from Microsoft. Shortly before Devcon1 the community was surprised with the announcement that IT giant Microsoft had entered into a partnership with Ethereum-focused company Consensys and would sponsor Devcon1. What would this mean for Ethereum as a technology, the thriving community and the possibilities to build on it? Aron van Ammers, Chief Technology Officer and Founder of BlockStars.io, a participant of Ethereum's DevCon1, gave CoinTelegraph his exclusive insight....
Anonymous Tor-enabled Bitcoin nodes normally make up as much as 25% of totally reachable Bitcoin nodes. According to the latest data from node monitoring resource Bitnodes, Tor-enabled Bitcoin (BTC) nodes are back to normal following almost a full-swing crash in early January 2021. As of Jan. 13, the number of reachable Tor-based BTC nodes amounted to 2,581, up from as few as 122 nodes on Jan. 9.Based on Bitnodes data, Tor-enabled Bitcoin nodes make up a significant part of the Bitcoin network, normally accounting for about 25% of totally reachable running nodes. According to the latest....
Genesis Mining recently announced a new type of cloud mining contract that will let users mining Ethereum. It was only a matter of time until one of the cloud mining providers started looking at Ethereum contracts sooner or later. These new Ether Cloud Mining contracts will run for one year, and offer some interesting alternatives when the digital currency switches to Proof-of-stake. Ethereum has been getting a lot of attention in recent times, ever since the digital currency had launched a few months ago. Especially the technology powering the Ethereum network – that allows for the....