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Cardano Ecosystem

Cexplorer

01/25/2023

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The number of Cardano pools must never decrease

Cardano has a huge number of pools that are managed by independent entities.

The number of Cardano pools must never decrease

Cardano has a huge number of pools that are managed by independent entities. 

Some operators operate multiple pools. Only 2 operators have an approximate 10% share in the production of blocks. 

The third and other operators have less than a 4% share. There is currently debate in the Bitcoin community that 2 pools together have more than 51% share of block production. 

Namely Foundry USA and Antpool. 

According to some, this is reportedly not a threat to decentralization, as miners can supposedly delegate the hash rate elsewhere at any time. It's very dangerous not to see the tendency towards centralization as a problem, and to comfort ourselves with the argument that pool operators can't do anything without miners anyway. 

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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