69 - Asking the Questions: BTC & ETH | Preston Pysh
Bankless
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Understanding Ethereum's Governance and Node Dynamics
This chapter explores the Ethereum Improvement Proposal process, focusing on EIP-1559 and the informal consensus within the Ethereum community. It delves into the different types of nodes and their roles, particularly in relation to Ethereum 2's sharding mechanism and the challenges of running full nodes on consumer hardware. Additionally, the discussion covers the historical context of proof of work versus proof of stake, emphasizing decentralization and the implications of wealth accumulation in staking systems.
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