An analysis of the chain stack revealed that 61.6 per cent of Ethereum Nodes in a Central Cloud-run services. Ethereum is a decentralized platform and its founder Vitalik Buterin down to the public one or the other crypto-currency with respect to their centralization character ever.
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Decentralized Blockchain or “Central garbage heap”
It is not so long that Vitalik in the crypto-Community desisted on the Blockchain Connect Conference a little steam. He rebuked block chains, such as EOS, NEO and Tron blatantly, because they claimed to have high TPS rates (transactions per second) achieved. His exact words were:
If a Blockchain-claims project: “We can make 3.500 TPS, because we have a different algorithm”, we mean really: “We are in a heap of a Central Garbage, because we have only 7 Nodes, which make the whole thing run….”.
So it is quite unpleasant that only 38.4 percent of the 8.933 Nodes are independent of Ethereum hosted.
Bezos is the largest stakeholder
David Canellis, who writes for the Portal Hard Fork, the supposedly distributed network of Vitalik in question:
The decentralisation is?
The largest stakeholders in the Ethereum network, Amazon Web Services (AWS). The huge company of Bezos operates, indirectly, almost 25 percent of all ETH-Nodes.
Chain stack took advantage of the Ethereum Discovery Protocol, this information to uncover. This is the mechanism, with the ETH-Nodes to each other can be found to join the network.
Via ethernodes.org the full list of ETH-Nodes and their IP was able to find a chain of stack addresses. So chain stack could analyse where and with which Provider the Nodes are hosted.
A Lot Of Centralization?
That is a lot of centralization for a Blockchain, which claims to be a decentralized, self-aware network. Since 34 percent of the ETH-Nodes are operated in the United States, and Amazon Web Services holds the lion’s share of what the company does not prevent its exercise Power and to prevent the Nodes at the operation, which could damage both the network as well as its price? Canellis points out:
…imagine that Amazon would be about to publish your own Blockchain and a suitable crypto-currency.
And if other Cloud providers would follow, could Ethereum disappear pretty much over night (more than half of it anyway).
Text evidence: bitcoinis, CHRISTINA COMBEN