New Research to Question ETH's Decentralization

Only 3434 of 8933 ETH nodes are hosted on their own infrastructure, and 5499 use cloud services, mostly Amazon
24 September 2019   227

61.6% of Ethereum nodes are hosted on centralized cloud services, reports The Next Web, citing Chainstack research.

Using the information from ethernodes.org, the company compiled a complete list of Ethereum nodes, their IP addresses, and compared them with the data of the autonomous systems of the hosting providers. According to Chainstack, as of September 20, there were 8933 nodes in the Ethereum network. Only 3434 (38.4%) of them are hosted on their own infrastructure, and 5499 (61.6%) use cloud services.

Ethereum Nodes
Ethereum Nodes

The 10 largest cloud hosting providers accounted for 57.3% of the second cryptocurrency network nodes. Most Ethereum sites on Amazon Web Services (AWS) accounted for 25% of their total.

Ethereum Nodes Cloud Providers
Ethereum Nodes Cloud Providers

The study also found that a third (34%) of Ethereum cloud nodes are in the United States.

ETH May Become Security After POS Migration,- CFTC

At the moment, according to the head of CFTC, Ethereum is more likely an exchange commodity rather than a security, but it may change 
14 November 2019   84

The head of the Commission for derivatives trading (CFTC) Heath Tarbert expressed the opinion that cryptocurrencies involved in the cryptocurrency using the Proof-of-Stake algorithm can be considered as securities. It is reported by Decrypt.

Earlier, the head of the CFTC said that in its current form, Ethereum is more likely an exchange commodity rather than a security. However, I am sure Tarbert, over time, the status of an asset may change. For example, a security can become a commodity and vice versa.

We are thinking carefully about it.
 

Heath Tarbert

Chairman, U.S. Commodity Futures Trading Commission

The popular Proof-of-Stake (PoS) algorithm involves the use of “stake” as a resource that determines which particular node receives the right to mine the next block. Higher chances to generate the next block are received by the node with greater balance.

Recently, staking services that promise customers a return on investment in PoS assets have become popular. According to some experts, these services could potentially violate the provisions of the Howie test, such as having a joint venture, as well as an investment contract involving two parties.

At the same time, Tarbert spoke out against an aggressive approach to regulating cryptocurrencies, which could suppress innovation and hinder the strengthening of the US position in the innovation sphere.

Clarity and consistency is the first step to leadership.
 

Heath Tarbert

Chairman, U.S. Commodity Futures Trading Commission

Earlier, Heath Tarbert expressed the view that regulated futures based on Ethereum will soon appear on the market.