Re: [Question] Bitcoin More decentralized than Ethereum?

Quote from: Bitcoiner2023 on Today at 12:29:55 PM

For me, decentralized means:
That I have control over my bitcoins, that a government cannot take them away from me or someone blacklists my bitcoins so that I can no longer use them.
To me it also means that bitcoin is not under the control of a single party who can decide what to do with it and what not.
It has to be democratic.

I think the word decentralization in this context means more, decentralization is also a form in which there no central authority that decides the fate of the coin. And in the case of Ethereum the validators which are the highest stakers of the coin have this central power because once two or more of them actually pull out then it could mean the end of that coin or even affects its value.

Quote from: Bitcoiner2023 on Today at 12:29:55 PM

For me Bitcoin is decentralized, but I wonder if it is also Ethereum.
If the only reason is that it's PoW vs. PoS then to me Ethereum is also decentralized.
If it's because Satoshi went into hiding and Vitalik didn't, then for me Ethereum is also decentralized on that point.

Why do still say that Ethereum is decentralized even after it been run on POS method. The layer of a blockchain actually satisfies if it is centralized and with POS giving space to just the highest stakers then it is centralized already, not like POW were any one with enough computational power can come in. After the merger 50% of Ethereum was even reported/url] to be owned by just few wallets, aren’t these owners the manipulators already? Does a coin that has manipulators decentralized? If yes then was the difference with fiat currency?

And yes Vitalik is also a threat to Ethereum, this doesn’t need much explanation but just look at how every threat towards CZ puts Binance in a bind always