While discussing the mainnet and layer 2 solutions, Buterin also touched on other topics.
In comparison to Bitcoin, he said, Ethereum is more resilient and decentralized.
Vitalik Buterin, co-founder of Ethereum, has distinguished Ethereum’s decentralization to that of Bitcoin and other networks in great detail. As experts see models moving away from the heart of blockchains, the centralization of mining and staking has remained a controversial topic. While discussing the mainnet and layer 2 solutions, Buterin also touched on other topics.
In comparison to Bitcoin, he said, Ethereum is more resilient and decentralized. Vitalik Buterin made the observation during the ETHCC in Brussels that four mining pools provide 75% of Bitcoin’s computational power, while two pools contribute 50%. He made a point of mentioning that a significant chunk of Ethereum is unidentified, implying that they are run by a group of people or independent stakers.
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