Coinbase's emergence as the largest individual node operator could raise concerns among stakeholders about centralization risks, prompting them to consider the convenience of staking with Coinbase against its broader impact on network decentralization

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Coinbase's emergence as the largest individual node operator could raise concerns among stakeholders about centralization risks, prompting them to consider the convenience of staking with Coinbase against its broader impact on network decentralization

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12:00am, Wednesday, March 19, 2025

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However, as the largest individual operator, Coinbase’s influence over the Ethereum network is increasing. Some stakeholders may be concerned about centralization risks as Coinbase’s share of the Ethereum network grows. Indeed, Coinbase’s growing share has raised questions about Ethereum’s decentralization as large operators increase their influence over network governance. Users may need to weigh the convenience of staking with the Coinbase exchange against the broader implications of network centralization.

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