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Ethereum Audible

Ethereum's Centralization Dilemma Through Lido Staking || By Dap, Suresats.com

14 Jun 2022

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"With 'The Merge' coming, up to 64 million total ETH will be available to be staked and become activated within one year. Lido’s size and network effect gives them a major advantage in absorbing this potential inflow as well." __________________________ 👉 Start learning with Alpe: https://link.alpeaudio.com/70to/d895de1 This episode is brought to you by Alpe Audio. Want to learn on the go but need more depth than a podcast? Alpe is the app for you. It’s an audio education app that brings great in depth courses that are as fun as podcasts but as educational as well, a degree. Each lesson comes with summaries, additional resources, flash cards and more. You can even find Ethereum Audible on Alpe with all those additional resources. __________________________ Today we're diving into the Lido centralization debate, a risk factor to PoS Ethereum. Lido is a staking protocol that lets people with less than 32 ETH to stake under one of Lido's node. In return for your Eth, you also get their derivative token - stETH, which can be used in a variety of DeFi use cases. Lido control ~25% of Ethereum PoS nodes - is this a risk to Ethereum consensus? Let's give this article by suresats.com a read. For the full article: https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking 

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