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Assessing Ethereum's Staking Power Concentration

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Assessing Ethereum's Staking Power Concentration

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Questions and Answers

According to the text, what is the concern raised by the Ethereum community regarding the ownership of a large quantity of Ether by a single organization?

It may lead to a decrease in the value of Ether

It may lead to a centralized attack on the network (correct)

It may lead to a decrease in network security

It may lead to increased transaction fees

What type of ecosystem is Ethereum currently utilizing?

Proof-of-Stake (correct)

Proof-of-Work

Proof-of-Authority

Proof-of-Concept

Who cautioned about the possibility of a centralized attack on the Ethereum network in a recent essay?

Vitalik Buterin

Lido

Danny Ryan (correct)

Ethereum Foundation

What is the term used to describe a centralized attack on the Ethereum network where a single organization's control exceeds 33%?

<p>1/3 centralization attack</p> Signup and view all the answers

What is the main focus of the Ethereum community in relation to the protocol?

<p>Decentralization</p> Signup and view all the answers

Assessing Ethereum's Staking Power Concentration

Choose a study mode

Podcast

Questions and Answers

According to the text, what is the concern raised by the Ethereum community regarding the ownership of a large quantity of Ether by a single organization?

What type of ecosystem is Ethereum currently utilizing?

Who cautioned about the possibility of a centralized attack on the Ethereum network in a recent essay?

What is the term used to describe a centralized attack on the Ethereum network where a single organization's control exceeds 33%?

What is the main focus of the Ethereum community in relation to the protocol?

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