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Re:Ethereum Proof-of-Stake by bombcar on Thursday July 07, 2022 @08:31AM (#32013169)
Like many decentralized systems, it's not actually decentralized but can have the appearance of such.

All these systems have "whales" such that the individual can't do much except align with a whale. Applies to more than just crypto, too.

Re:Ethereum Proof-of-Stake by flatline on Thursday July 07, 2022 @08:44AM (#32013318)
The internet is this way. The reality is more about peering agreements and CDNs than a neutral decentralized computer network. But it is still decentralized, just primarily among a few big players.
Re:Ethereum Proof-of-Stake by bombcar on Thursday July 07, 2022 @09:02AM (#32013536)
Yeah, but people hear "decentralized" and think "I can do whatever I want" - not the reality of what it actually is and how it works.