Oct 21, 2025
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.
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