/SaitoOfficial/status/1701095565839249830/photo/1 /SaitoOfficial/status/1701095565839249830/media_tags The Elephant in ETH's Roo
11 Sep 2023, 04:49
/SaitoOfficial/status/1701095565839249830/photo/1 /SaitoOfficial/status/1701095565839249830/media_tags The Elephant in ETH's Room π΄
Ethereum faces a node centralization challenge, leaving it vulnerable to centralized points of failure.
$ETH is not decentralized, nor can it scale.
This is because it doesn't have an incentive structure to pay for infrastructure.
"These technical problems will have to be addressed eventually β maybe a 10-year timescale, maybe a 20-year timescale," Vitalik said.
Meanwhile, Saito has already solved this problem at the consensus level by redefining incentives.
Building a network that can maintain openness at scale, is self-sufficient, and removes all third parties.
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/SaitoOfficial/status/1701095565839249830/photo/2 /SaitoOfficial/status/1701095565839249830/media_tags π
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1SaitoSAITO #967
11 Sep 2023, 05:28
Saito is ahead of it's time!
Ethereum's founder admits there is a problem with node centralization.
And the solution will come in 10, maybe 20 years?
This sounds like a joke, but it's not.
Saito has solved this problem at the consensus level.
One picture = 1000 words π
Saito is ahead of it's time. Ethereum's founder admits there is a problem with node centralization.
Saito is ahead of it's time!
Ethereum's founder admits there is a problem with node centralization.
And the solution will come in 10, maybe 20 years?
This sounds like a joke, but it's not.
Saito has solved this problem at the consensus level.
One picture = 1000 words π