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

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