Blockchain

3 Cloud Providers Account For More Than 2/3 Of Ethereum Nodes

The majority of the 4,653 active Ethereum nodes are in the hands of centralized web providers such as Amazon Web Services (AWS), which could “leave Ethereum to central points of failure,” according to the Messari crypto analytics platform.

3 Cloud Providers Account For More Than 2/3 Of Ethereum Nodes 4

A post on Thursday shows that the three major cloud providers account for 69% of the nodes hosted on the Ethereum Mainnet, with more than 50% of them coming from Amazon Web Services (AWS), more than 15% from Hetzner, and 4.1% from OVH.

Figures from Ethernodes also show that Oracle (4.1%), Alibaba (3.9%), and Google (3.5%) host nodes.

Distribute Ethereum nodes from web service providers. Source: Ethernodes

While the distribution of cloud service providers becomes more decentralized among the bottom third of providers, Messari highlighted a concern in a December 2020 report that the cost nature of a high level of node infrastructure can make the blockchain vulnerable:

“Furthermore high costs to run infrastructure make it more likely that nodes would run infrastructure with cloud computing providers (i.e AWS) – making Ethereum more exposed to central points of failure.”

The node distribution problems Solana faced were similar, with Hetzner accounting for 42% of the nodes hosted on the Solana network, followed by OVH (26%) and AWS (3%).

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Furthermore, Ethernode data also shows that the most geographically concentrated nodes are in the United States (46.4%) and Germany (13.4%), accounting for almost 60% of the globally distributed Ethereum nodes. world. As a result, government intervention from either of these countries could seriously affect the decentralization of Ethereum at the node level.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.