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Bitcoin Less Decentralized Than Ethereum: Seven Points by Community
Vladislav Sopov, Blockchain Analyst & Writer with scientific background, shared his thoughts about the comparison between Ethereum (ETH) and Bitcoin (BTC) in terms of decentralization. According to him, it seems that Ethereum has a more decentralized architecture than Bitcoin.
In his latest article, he provided seven points to support this claim:
1. **Ethereum’s Proof-of-Work Consensus**: Sassano argues that Ethereum’s use of proof-of-work (PoW) consensus is less centralized compared to Bitcoin’s PoW algorithm. This is because Ethereum’s validation process can be performed by anyone, anywhere in the world.
2. **Ethereum has more nodes and active wallets**: The speaker emphasized that there are many more full-nodes running on Ethereum than on Bitcoin, which means that Ethereum’s network architecture is naturally more decentralized.
3. **Less Control over Core Development**: Sassano highlights that Ethereum’s core development process is more open-source compared to Bitcoin’s closed source approach, where decisions are made by a smaller group of individuals.
Source: u.today
