WARNING! Bitcoin & Ethereum have been keeping bad news a secret that could result in both their ends!! They both are becoming more centralized as time goes on!! Bitcoin mining pools are concentrating hashpower & if they get 51% of total hashpower they could attack BTC!! Ethereum proof of stake is centralizing ethereum more than when it was proof of work. Node centralization in stakepools & in the cloud. Also Ethereum layer 2’s are all centralized!! Is anything being done to solve their problems? Tune in to find out…
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⏰ Time Stamps ⏰
00:00 Intro: Is Crypto becoming Centralized?
01:22 Bitcoin Mining hardware centralization
03:01 Mining Pool centralization
05:30 Mining Pool centralization solutions
07:31 Ethereum Mining centralization
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31 Comments
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What a load of bollocks
I know you dislike Cardano but I think Charles and co have developed a great staking system!
once again very informative thanks Chico
With trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial for success. The saying "time in the market vs. timing the market" is a good mindset to have during market fluctuations. Thanks to Silvia Macido’s insights, daily trade signals, and my dedication to learning, I've been increasing my earnings to over 19btc! in a few months. Keep it up!.
BTC is old and slow. ETH just plain sucks…
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.
tHNAKS tYLER
thanks as always, Chico, you are the best. I miss the old Intro though. Take care brother. Cheers and hugs from Mexico
I order for us to compare and find out which are the most decentraliced… Would you mind to do a review about other L1 blockchains like Polkadot, Cardano, Solana, and any other you find interesting??
Great content thank you so much for keeping us up to date with decentralization on btc n eth.
I’d love a monthly decentralization check in update
Good vid! Its nice to be aware of the importance of decentralization. Not worried about it ATM, all signs to me are looking 🚀🚀🚀🚀🚀
does chico realize, the word "trustless" is defined as: That may not be trusted; not worthy of trust; unfaithful. Lacking trust; untrusting. Untrustworthy; not deserving to be trusted.
Not saying he is any of these things, but it makes me cringe, every time I hear it in the intro.
So just as every doom and gloom title asks, the answer is usually no, it's not going to die on its ass.
I am fortunate I made productive decisions about my finances that changed my life forever. I’m a single mother living in Hk China, bought my second house in April and hoping to retire next year at 50 if things keep going smoothly for me.🥰🥰
KAS will save the day
As a Hamilton City guy I am damned sure you aren’t taping this one at Chico! Cheers
You should be blacklisted and stripped of all credibility for such a stupid FUD title
I come to this channel not for crypto but for the music.
The only person that spells out ASIC. What a clown.
Joder Chico ¡ con el titulo me estresaste, pero con lo que explicas en el video me tranquilizaste. La seguridad absoluta no existe, pero es bueno perseguirla. Gracias
Brilliant
Dero will reign supreme
Omg more FUD.
whats the intro song? good one
Chico "1.5x" Crypto
sumary, buy cardano
It will not happen to BTC! It has already happened to ETH!
Sounds good but…. when the counterfeit gang can spend Fiat OTC or buy up the miners like they do or short 100x controlled demolition create their own derivative BTC and ETH then you can throw decentralization out with the bathwater. Didn't ever exist. Pure Illusion
Can't thank you seriously without the beard 😂
All these dip shits are begging for these big Hedge Fund Managers come it will destroy crypto!!!