Data: Over 40% of blocks after Ethereum merge added by Coinbase and Lido

2022-09-16 09:07:41

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According to Chain Catcher news and reported by Coindesk, within hours after the Ethereum merge, over 40% of the network blocks were added by two entities: Coinbase and Lido. Lido is a community-led staking collective, while Coinbase is the world's third-largest cryptocurrency exchange, holding 27.5% and 14.5% of the network, respectively.

Martin Köppelmann, co-founder of Ethereum infrastructure company Gnosis, tweeted: "In the last 1,000 blocks, Lido and Coinbase alone built 420." (Coindesk)

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