Is Buterin Attempting To Centralize Ethereum With These Changes? By Coin Edition

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Is Buterin Attempting To Centralize Ethereum With These Changes?

Published Dec 28, 2023 18:24 Updated Dec 28, 2023 18:45

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Is Buterin Attempting To Centralize Ethereum With These Changes?

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Ethereum Co-Founder Vitalik Buterin proposes a significant simplification of the Proof of Stake (PoS) consensus mechanism.

The proposal aims to reduce the required signatures per slot to 8,192.

Ethereum’s current decentralized nature accommodates 895,000 validators.

In a recent proposal, Ethereum Co-Founder Vitalik Buterin has suggested a significant simplification of the Proof of Stake (PoS) consensus mechanism. The proposal aims to streamline the process by reducing the number of required signatures per slot to 8,192, raising questions about the potential centralization of the Ethereum network.

Buterin Attempting

Ethereum currently accommodates an extensive validator network, reaching 895,000 entities. Buterin’s proposal acknowledges the challenges posed by this approach, particularly the high number of signatures required per slot. It currently stands at approximately 28,000 today and is expected to rise to 1,790,000 post-Single Slot Finality (SSF) implementation.

To handle this significant load, the co-founder claimed that Ethereum has to implement a complex attestation propagation mechanism and optimize BLS signature operations. BLS is a signature l…

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