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.
If Amazon Web Services goes down, other validators will make more money. Vitalik Buterin has already spoken on this topic, and now they are developing a solution so that the node can be run on a smartphone and will improve decentralization. There are many interests of large financial companies in Ethereum, and Vitalik’s departure does not threaten the ecosystem with collapse.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.