Ethereum Preaches Decentralization, But Core Dev Says 10 People Run Everything
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Former Geth lead developer Péter Szilágyi published a May 2024 letter revealing five to ten people effectively control Ethereum ecosystem through Vitalik Buterin's "complete indirect control," as Foundation underpayment forced Szilágyi to earn just $625,000 over six years creating what he called "protocol capture" breeding ground.
1d ago•
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