Will Proof of Stake Lead To MASSIVE Centralization!? Ethereum, Tezos & Cardano


Proof of stake consensus is getting implemented by major blockchains like Ethereum, Tezos & Cardano. Will this lead to mass centralization among validating nodes? Could centralization get worse than proof of work ASIC mining centralization? Centralized exchanges will be staking proof of stake tokens from user’s deposits, resulting in the exchanges owning a majority of the block producing nodes. What can be done to stop this growth in power by large exchanges? Tune in to find out! 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 ⏰ Time Stamps ⏰ 00:08 Introduction: The Chico Zone & Proof of Stake 01:12 Ethereum, Tezos & Cardano Are Moving To Proof of Stake & Have Large Market Share 02:20 Large Exchanges Will Staking User's Deposits Thus Controlling Validator Nodes & Influence Over The Networks 03:15 There Is Mining Centralization With Proof of Work, But WIll It Be As Bad As Proof of Stake? 04:04 Exchanges Are Moving On Becoming The Largest Holders of Proof of Stake Coins: Tezos, Ethereum & Stratis 05:36 Who Can You Blame? 05:57 What Can Be Done To Stop This? Decentralized Exchanges! 06:28 Conclusion 📺Watch These Videos Again📺 Asking Hot Babes About Bitcoin https://www.youtube.com/watch?v=CW152sH64Yk&t=300s The Case For The Million Dollar Bitcoin https://www.youtube.com/watch?v=Q1IIy0VybgQ&t=193s Bitcoin In Heavy Accumulation https://www.youtube.com/watch?v=Kgr-3QjpEXQ 🤫►► ► Chico Crypto Exclusive Links ◄◄◄🤫 🔥Join The Chat On Telegram 🔥 https://t.me/chicocrypto1 👉🏻Follow Me On Twitter https://goo.gl/gmsDXa 👌👌Subscribe to The Chico Channel--https://www.youtube.com/channel/UCHop-jpf-huVT1IYw79ymPw?sub_confirmation=1 💥Buy A Ledger & Keep Your Crypto Safe💥 https://www.ledger.com/products/ledger-nano-s?r=c56a&tracker=MY_TRACKER 👍Download The Brave Browser $BAT & Support Crypto! https://brave.com/chi034 💲 💲Want to buy your first crypto or Bitcoins? Sign up for Coinbase and get $10 in free Bitcoin https://www.coinbase.com/join/5270447e2c6ce91e1c000170 👉Sign Up For Gate.io Exchange https://www.gate.io/signup/2537912 📚 📚Educational links and crypto resources for starting in cryptocurrency Check the prices and stats of the most popular cryptocurrencies with Coinmarketcap https://coinmarketcap.com/ What is Bitcoin, altcoins, Ethereum and other cryptocurrencies https://www.coindesk.com/information/what-is-bitcoin 🏺Cryptocurrency Donations: Support The Channel!!🏺 BTC 3ArFPC5ik9tBy8ART6R2X59qiNXatw5EAG ETH 0xF1d402C0175a9fa80dD770e82fa0BD50FDab0EbD #bitcoin #ethereum #crypto #cardano #tezos #cryptocurrency #blockchain #eth #btc #trading #money #rich #wealth #altcoin #investment **Disclaimer** The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.