5min chapter

The Defiant - DeFi Podcast cover image

Ethereum is "Terrifyingly" Centralized but there's a way out, ether.fi founder says

The Defiant - DeFi Podcast

CHAPTER

The Challenges of Centralization of Ethereum

There's just not enough distribution of nodes, they're all in a handful of places. One data center in Virginia is like 20 minutes from the White House or the CIA headquarters. The other area of centralization that I think everyone kind of acknowledges and thinks about as being problematic is liquidaking protocol called LIDO. We want to launch a few thousand additional nodes next year that will dramatically shift the balance in terms of where Ethereum is run.

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