Post
Topic
Board Mining (Altcoins)
Re: Eth 2.0 can be delayed to 2024...
by
sp_
on 19/06/2022, 13:20:01 UTC
Ethereum has over 300,000 validators on the Beacon Chain. 3 mining pools can theoretically execute a 51% attack on POW Ethereum. And 4 mining pools can theoretically implement a 51% attack o Bitcoin. Sounds like the validators might be more decentralized?

Network             Validator Count   % of Supply Staked
Cardano (ADA)                   2,977   69.60% of 33 billion circulating supply
Avalanche (AVAX)           1,199   49.38% of 246 million circulating supply
Ethereum Beacon Chain   309,169   8.2% of 119 million circulating supply

300000 validators, but if one validator or a group of validators control 8.3% they can theoretically execute a 51% attack. with only 8.3% of the network.