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3 cloud providers accounting for over two-thirds of Ethereum nodes: Data

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Nearly all of 4,653 energetic Ethereum (ETH) nodes are within the fingers of centralized internet suppliers like Amazon Internet Providers (AWS), which may “expose Ethereum to central factors of failure,” in keeping with crypto analytics platform Messari.

An Aug.15 post exhibits that three main cloud suppliers account for 69% of hosted nodes on the Ethereum Mainnet, with over 50% of that coming from Amazon Internet Providers (AWS), over 15% from Hetzner and 4.1% from OVH.

Figures from Ethernodes moreover present that Oracle (4.1%), Alibaba (3.9%) and Google (3.5%) additionally present webhosting providers on Ethereum.

Distribution of Ethereum nodes from internet service suppliers. Supply: Ethernodes

Whereas the distribution of cloud service suppliers turns into extra decentralized among the many backside third of suppliers, Messari pressed the priority in a Dec. 2020 report that the high-cost nature of node infrastructure could go away Ethereum susceptible:

“Excessive prices to run infrastructure make it extra doubtless that nodes would run infrastructure with cloud computing suppliers (i.e AWS) – making Ethereum extra uncovered to central factors of failure.”

Node distribution points skilled by Solana (SOL) are a lot the identical, with Hetzner taking on 42% of hosted nodes on the Solana community, adopted by OVH (26%) and AWS (3%).

Associated: Decentralized storage providers power the Web3 economy, but adoption still underway

Moreover, Ethernode knowledge additionally exhibits that nodes are most geographically concentrated within the U.S. (46.4%) and Germany (13.4%), accounting for almost 60% of distributed Ethereum nodes worldwide. As such, authorities intervention from one among these two international locations may severely affect Ethereum’s decentralization on the node stage.