Ethereum Becomes Decentralized After Merger

Following the recent transition to a proof-of-stake (PoS) consensus mechanism, there are some specific concerns about the ethereum blockchain, with some exchanges and platforms already expressing support for the forked version, JPMorgan Chase (JPM) said in a research note on Wednesday. , which still uses a proof-of-work (PoW) mechanism and has at least 19 former ethereum pools active on it.Forked chains have the potential to split the Ethereum community. Additionally, the second concern is that the ETH blockchain has become decentralised as only a few entities hold the majority of the staked ETH.