Messari: Ethereum (ETH) not as decentralized as we think?

A report by Messari questions the decentralization of some blockchains. If you thought you knew everything about the ecosystem, these statistics bring to light some things that very few people knew about Ethereum (ETH) and it could throw everything into question.

Ethereum (ETH), not so decentralized as it seems!

Ethereum (ETH) is the second largest crypto by market capitalization and one of the best blockchains in the world. If everything seemed to be going well, especially with the announcement of The Merge, Messari’s statistics update some details. Indeed, decentralization is the main asset of cryptocurrencies.

However, Ethereum might not be as decentralized as assumed. The Crypto Alert Company report states that two-thirds of 65% of Ethereum nodes located in data centers come from three major web service data providers. Currently, OVH, Hetzner, and Amazon Web Services (AWS) host approximately 69% of nodes and 50% of remotely hosted Ethereum nodes are at AWS.

Therefore, the decentralization of theETH runs a great risk because, given the large concentration of hosted nodes, Amazon could alter the blockchain. So the question is whether AWS has the ability to shut down applications running on Ethereum.

Solana (SOL) in the same boat as ETH

The Ethereum blockchain is not alone in this situation. Indeed, the report de Messari also shows the statics of Solana. SOL uses the same cloud providers as ETH. Thus, of the 95% of Solana nodes hosted in data centers, approximately 75% are at AWS, Hetzner and OVH.

However, unlike Ethereum which seems to have a preference for Amazon Web Services, Solana node operators have set their sights on Hetzner. Indeed, 42% of the blockchain nodes are located there.

The publication of the above outages puts these blockchains in bad shape. In effect, Vitalik Buterin the founder of Ethereum launched a verbal attack on Ripple. The latter said that XRP had lost its right to protection without explaining who should protect it. Never mind, Messari’s statistics should not affect blockchain enthusiasts if Ethereum also enjoys this right.

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