Post
Topic
Board Bitcoin Discussion
Re: [Question] Bitcoin More decentralized than Ethereum?
by
elevates
on 16/07/2023, 12:33:10 UTC
I don't understand why Bitcoin is more decentralized than Ethereum even though you operate a full node with both.

To create the blocks:
Bitcoin PoW = miners
Ethereum PoS = Validator

With Bitcoin/Ethereum Full Node you can verify the blocks from the miners/validators.

So the only point why Bitcoin is more decentralized than Ethereum is:
The Bitcoin Full Node is cheaper than the Ethereum Full Node ?

Or is it the case with Ethereum that you cannot verify the blocks as a full node but only as a validator?
So:

As my understanding goes Bitcoin is more decentralized, the reason being:
  • Bitcoin has a more extended history
  • Large number of nodes & miners
  • Bitcoin ecosystem being resilient against centralization

While Ethereum Governance is questionable?