🌐 Grateful for the opportunity to work with S&P Global Ratings on #decentralization metrics for the #Ethereum network. This collaboration is crucial as we delve deeper into the intricacies of decentralized systems. 🔍 Important to highlight: Concentration risks significantly impact consensus and the network's operations. Last May, a bug in one of Ethereum's clients resulted in two incidents of loss of finality and the triggering of inactivity leak mode. These events highlight key risk indicators (KRIs) that financial institutions must consider when assessing the risks of digital assets and blockchain platforms.
Recent global IT outages highlight key threats from interdependency and concentration. Ethereum was not impacted this time: decentralization supports its resilience. As ether exchange-traded funds launch, it’s critical to understand Ethereum’s concentration risks and monitor how these evolve. Read more here: https://okt.to/RTB9Iw #Ethereum #EtherETF #digitalassets