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Cryptoknowmics 2023-09-05 06:56:47

Binance Product Head Quits Amid Executive Exodus

Ethereum co-founder Vitalik Buterin, the centralization of nodes is one of the most significant issues affecting the network and should be addressed by making the operation of nodes cheaper and simpler. The majority of the 5,901 active Ethereum nodes are currently managed by centralized web service providers like Amazon Web Services (AWS), which, according to many experts, leaves the Ethereum blockchain vulnerable to a single point of failure. Buterin highlighted the node issue as a “big piece of the puzzle” to ensure that the Ethereum network remains decentralized in the long run in his speech at Korea Blockchain Week. However, The post Binance Product Head Quits Amid Executive Exodus appeared first on Cryptoknowmics-Crypto News and Media Platform .

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