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Coinbase One of Five Platforms to Lock Up Half of Staked ETH

Rapid Consolidation of Tokens May be Blow to Decentralization

Coinbase One of Five Platforms to Lock Up Half of Staked ETH

The Merge was supposed to be a great leap forward in the drive toward decentralization. But one day after the historic upgrade took place, five ventures controlled more than half of the ETH locked up for Ethereum staking.

To many, that may look an awful lot like centralization. 

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