>Prior to the merge ethereum’s trust was controlled by the organizations with the most money who bought/built massive data centers to mine it.
>With the merge & staking that abstraction layer has disappeared and it’s still the organizations with the most money who control it.
In the prior state, the folks with control were the ones willing to invest in it. In the after state, the folks with control are the ones willing to invest, OR the ones willing to get others to invest - i.e. coinbase.
>With the merge & staking that abstraction layer has disappeared and it’s still the organizations with the most money who control it.
In the prior state, the folks with control were the ones willing to invest in it. In the after state, the folks with control are the ones willing to invest, OR the ones willing to get others to invest - i.e. coinbase.