3 hours ago

Ethereum Preaches Decentralization, But Core Dev Says 10 People Run Everything

Former Geth lead developer Péter Szilágyi published a May 2024 letter revealing five to ten people effectively control Ethereum ecosystem through Vitalik Buterin's "complete indirect control," as Foundation underpayment forced Szilágyi to earn just $625,000 over six years creating what he called "protocol capture" breeding ground.

The post Ethereum Preaches Decentralization, But Core Dev Says 10 People Run Everything appeared first on Cryptonews.

Source: Cryptonews →