Podcast
Play an AI-generated podcast conversation about this lesson
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?
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?
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?
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%?
What is the term used to describe a centralized attack on the Ethereum network where a single organization's control exceeds 33%?
Signup and view all the answers
What is the main focus of the Ethereum community in relation to the protocol?
What is the main focus of the Ethereum community in relation to the protocol?
Signup and view all the answers
Flashcards are hidden until you start studying
