Lido, Coinbase, Kraken and Binance, the 4 largest validator node operators on Ethereum’s PoS Beacon Chain, have amassed a 54% share of all ETH staking exercise, in accordance with Nansen. Lido’s dominance, by advantage of controlling roughly 33% of complete ETH staked on Ethereum’s PoS blockchain, has raised centralization worries in relation to Ethereum’s long-term well being and safety.
