Ethereum's Decentralization: With a market cap of over $300 billion and being the second largest cryptocurrency in the world, Ethereum has been praised for its decentralization by its co-founder, Vitalik Buterin. This has been a core principle of the Ethereum network since its inception, with the goal of creating a truly decentralized platform for smart contracts and decentralized applications (dApps). This is in contrast to Bitcoin, which has been criticized for its centralization due to the dominance of a few mining pools controlling the majority of the network's hash rate. Ethereum's decentralized nature is also evident in its governance, with decisions being made through a consensus among its community of developers and stakeholders. Ethereum vs Bitcoin: Buterin's statement on Ethereum's decentralization has sparked debates comparing it to Bitcoin, the first and most well-known cryptocurrency. While Bitcoin has a decentralized network, with no central au...
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