Ever since ETH adopted PoS, things have been going into the wrong direction. The network is as centralized as ever with a few big players controlling a large portion of ETH's supply. On top of that, the vast majority of nodes are running on top of Amazon Web Services (AWS). If developers don't do anything about this, ETH will become as bad as XRP in the future. My biggest concern is not only this, but also Ethereum creator Vitalik Buterin. The project is too tied around him. So if he dies (God forbid) or something bad happens to him, you expect ETH's market prices to go all the way down the drain in an instant. It's likely ETH will become worthless after this.
What do you think? Is the endgame for ETH approaching? Will it be possible for ETH to become decentralized again? Or is it already too late? Your input will be greatly appreciated. Thank you.
I frankly think that centralization around huge mining pools was a bigger problem. And what comes to vitalik, there's no replacing him but he doesn't equal eth 2.0. People would do fine without him. Price would totally be in free fall and panic mode, because that's how markets operate. but it would be temporary. People would soon realize that there are other brilliant minds working on it. And as eth would already have market effect, price drop wouldn't really matter on anything else than the price itself. I would totally try to wait a bottom and buy it at that point.What do you think? Is the endgame for ETH approaching? Will it be possible for ETH to become decentralized again? Or is it already too late? Your input will be greatly appreciated. Thank you.
And i guess there would be forks, because right now people would be falling behind vitalik no matter what he says, others might not have that kind of charisma.