{"id":67258,"date":"2022-09-16T12:41:48","date_gmt":"2022-09-16T09:41:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67258"},"modified":"2025-09-07T05:39:43","modified_gmt":"2025-09-07T02:39:43","slug":"expert-flags-risks-for-ethereum-after-proof-of-stake-transition","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/expert-flags-risks-for-ethereum-after-proof-of-stake-transition\/","title":{"rendered":"Expert flags risks for Ethereum after Proof-of-Stake transition"},"content":{"rendered":"<p>The Ethereum transition to the <a href=\"https:\/\/u1f987.com\/en\/news\/proof-of-stake-how-it-works-and-why-it-is-so-popular\">Proof-of-Stake<\/a> consensus algorithm could make the blockchain more vulnerable to government interference and censorship. This view was voiced by Merkle Science&#8217;s lead researcher Kobi Morgan in a conversation with <a href=\"https:\/\/cointelegraph.com\/news\/ethereum-may-now-be-more-vulnerable-to-censorship-blockchain-analyst\">Cointelegraph<\/a>.<\/p>\n<p>According to him, the high cost of validator status threatens the consolidation of nodes by major crypto firms such as Binance, Coinbase and Kraken.<\/p>\n<p>An Ethereum validator node provides the ability to store data, validate transactions, and add new blocks. To run one, you need to stake 32 ETH (approximately $47,000).<\/p>\n<p>Nansen specialists calculated that four crypto platforms <a href=\"https:\/\/u1f987.com\/en\/news\/nansen-four-platforms-control-more-than-61-of-staked-ethereum\">account for 61.25%<\/a> of all ETH staked.<\/p>\n<p>According to Santiment, 46.15% of the network&#8217;s nodes are linked to two addresses. Analysts from the firm noted that such dominance deserves attention.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcca According to our <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&#038;ref_src=twsrc%5Etfw\">#Ethereum<\/a> Post Merge Inflation dashboard, 46.15% of the <a href=\"https:\/\/twitter.com\/hashtag\/proofofstake?src=hash&#038;ref_src=twsrc%5Etfw\">#proofofstake<\/a> nodes for storing data, processing transactions, and adding new <a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&#038;ref_src=twsrc%5Etfw\">#blockchain<\/a> blocks can be attributed to just two addresses. This heavy dominance by these addresses is something to watch. <a href=\"https:\/\/t.co\/KQdFNgGloD\">pic.twitter.com\/KQdFNgGloD<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1570339602346684416?ref_src=twsrc%5Etfw\">September 15, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Morgan argued that large firms would be &#8216;subject to the whims of governments.&#8217; When nodes identify sanctioned addresses, they may be fined, and ultimately expelled from the system, he added.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cEither you comply with the directives and avoid such interactions [&#8230;], or you risk being fined, investigated, and potentially sanctioned,\u201d the expert stressed.<\/p>\n<\/blockquote>\n<p>Ethereum co-founder Vitalik Buterin <a href=\"https:\/\/www.youtube.com\/watch?v=jJaCaS0WbIw\">acknowledged<\/a> the reality of the risks identified by Morgan during a developers&#8217; call on August 18. He suggested that sanction-filtering of validator transactions could become one form of censorship in the network.<\/p>\n<p>However, Buterin believes that as long as there are node operators who do not comply with sanctions, such restrictions will be temporary, and the transaction will simply end up in a later block.<\/p>\n<p>On 15 September at 9:42 (Kyiv\/Moscow time), developers activated the update <a href=\"https:\/\/u1f987.com\/en\/news\/ethereums-move-to-proof-of-stake-pos-what-you-need-to-know\">The Merge<\/a> on the Ethereum mainnet and <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-activates-the-merge-blockchain-shifts-to-pos\">moved it to Proof-of-Stake<\/a>.<\/p>\n<p>According to Paolo Ardoino, CTO of Bitfinex and Tether, the major upgrade <a href=\"https:\/\/u1f987.com\/en\/news\/paolo-ardoino-doubts-ethereums-prospects-after-the-merge\">does not solve Ethereum&#8217;s problems<\/a>, including insufficient decentralization and scalability.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum transition to a Proof-of-Stake consensus algorithm could make the blockchain more vulnerable to government interference and censorship. This view was expressed by Merkle Science&#8217;s lead researcher Kobi Morgan in a conversation with Cointelegraph.<\/p>\n","protected":false},"author":1,"featured_media":67259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1138],"class_list":["post-67258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=67258"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67258\/revisions"}],"predecessor-version":[{"id":67260,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/67258\/revisions\/67260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/67259"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=67258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=67258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=67258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}