6 Wealthiest Ethereum Wallets May Have Faked Decentralization

6 Wealthiest Ethereum Wallets May Have Faked Decentralization
фото показано с : bitcoinist.com

2019-1-27 09:00

Something fishy took place in the world of Ethereum on Dec 1, 2018.

New analysis from AI-powered blockchain investigator ORS CryptoHound has uncovered unusual activity on the Ethereum blockchain, which took place last month.

ORS CryptoHound took a look at the one hundred largest Ethereum transactions for the last quarter of last year and, in doing so, found a strange pattern in the blockchain’s wealthy elite:

The six wealthiest wallets all transferred a sizeable sum of ether coins on the date in question — totaling almost $500 million at the time of the transactions. Each of the wallets in question contained a 92-98 percent share of OmiseGo tokens (OMG). The wallets were all seemingly created on the same day. The wallets all cycled their holdings via multiple transactions in a notably similar manner until all of the initial tokens being tracked were divided equally among 39 new wallets containing exactly 150,000 ETH.

Clearly, the transactions from the six wealthiest wallets in question were all coordinated — but why?

Though the team behind the investigation did not directly point fingers, it did suggest that one or more Ethereum whales — or prominent stakeholders — attempted to make the project appear more decentralized than it really is by separating the aforementioned ether coins and OMG tokens. This would be done to make Ethereum appear to have more integrity.

Fabrizio Fontana, a Chief Analyst of the ORS CryptoHound research team, hopes that the AI-driven investigative tool may be used to highlight similar oddities in the future — stating, by way of a press release:

This investigation is one of the early case studies showing AI’s potential in blockchain and cryptocurrency analysis. Our goal is to provide a free and easy-to-use platform for everyone who wants to collect as much data as possible about a specific blockchain address or transaction.

What do you think about the transactions ORS CryptoHound uncovered? Share your thoughts with us in the comments below! 

Images courtesy of Shutterstock.

The post 6 Wealthiest Ethereum Wallets May Have Faked Decentralization appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3062.09 (-0.52%)
Объем 24H $8.057b
Изменеия 24h: -1.76 %, 7d: 4.48 %
Cегодня L: $3062.09 - H: $3134.76
Капитализация $367.832b Rank 2
Цена в час новости $ 105.26 (2809.07%)

ethereum blockchain wealthiest took wallets may cryptohound

Источник: bitcoinist.com

ethereum blockchain → Результатов: 126


Ethereum ecosystem predictions: The Shanghai upgrade, scaling and a potential peak

Since its launch, Ethereum has become the second cryptocurrency in the world in terms of market capitalization and the most popular altcoin globally. Its good reputation is also because the blockchain is well-recognized for its innovative qualities, being a pioneer in the fields of decentralized applications and finance.

2023-5-9 17:35


Фото:

As Ether’s Ropsten Proof-of-Stake ‘Test Merge’ Goes Live, Uncertainty Looms Over Ethereum L2s

As the major upgrade of the Ethereum blockchain, Ethereum 2.0, is set to launch later this year, uncertainty looms over layer 2 solutions built on the Ethereum blockchain. Ethereum 2.0 is set to be a new version of the blockchain that will enthrone the proof-of-stake (PoS) mechanism of verifying transactions via staking. Ethereum 2.0 (Consensus […]

2022-6-10 19:53


Ethereum to AVAX Bridge – How To Transfer Coins From ETH To Avalanche Blockchain

Avalanche blockchain is another one of those Ethereum killers that aim to solve what the Ethereum network is struggling with — scalability, transaction fees, and interoperability. Avalanche is taking a different approach by using three separate chains and claims to be “the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality”.

2021-11-11 12:52


Ethereum Heads Towards 100K Transactions Per Second? Buterin Talks About Post-Merger Future

After the rollout of the Ethereum Proof-of-Stake blockchain, dubbed “Beacon Chain”, the network has been moving fast to integrate it with the Proof-of-Work blockchain. Vitalik Buterin, the inventor of Ethereum, recently gave a speech at the World Blockchain Conference talking about this process also known as “The Merge”.

2021-7-24 21:00


Polkadot vs. Polygon: Understanding Two Prominent Second Layer Ethereum Blockchain Solutions

The meteoric rise of decentralized finance across 2020 exposed numerous vulnerabilities with the Ethereum network. While the Ethereum blockchain is one of the most secure and ‘battle-hardened’ infrastructures, high gas costs and scalability issues have led some projects to innovate instead of waiting for the long-desired Ethereum 2.

2021-2-24 21:06


Фото:

Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei.

2020-7-19 07:00


Исследование: непропатченные клиенты Ethereum несут угрозу атаки 51%

Клиенты Ethereum, не совершившие апгрейды для устранения известных уязвимостей, несут угрозу всей сети. Об этом говорится в новом исследовании базирующейся в Берлине Security Research Labs. Blockchain technology assumes that participants take rational actions.

2019-5-17 17:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru