Ethereum sees price surge and centralization concerns, as two block builders dominate, but validator growth offers hope.
has recently experienced a positive price surge. ETH was trading at $2,623 with a 0.23% gain over the past 24 hours, at press time.During the first two weeks of October, two Ethereum block builders produced a majority of the blocks on Ethereum. This raised alarms about the potential risks of centralization on the second-largest blockchain network.
Lee highlighted that the structure of ETH’s block-building process limits the ability of block builders to prioritize or exclude specific transactions. As a result, concerns surrounding potential centralization within Ethereum’s network are alleviated, reinforcing the platform’s core decentralized principles.To address the centralization concerns stemming from the dominance of two block builders, Wahrstätter proposed enhancing ETH’s censorship resistance as a potential solution.
This approach aims to maintain the integrity of the network while safeguarding its decentralized nature.
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