Does anyone have a good explanation on why Solana is more centralized than Ethereum? I can't tell if that's true, or just a meme (like how Bitcoin is more decentralized than Ethereum)

so here's an interestng thing about solana:

most validators only exist because the solana foundation "spawned" them

each bar on the chart equals one validator, and the height shows the percentage of total stake that is coming from the foundation

the data is a bit old, but it's https://t.co/2aQRhpSTQY

Kydo

Internationally famous artist | 
CEO, CTO, CFO, COO of FastCashMoneyPlus.biz | 
Jesus pamphlet collector | 
AKA Steve Pikelny |
discord.steviep.xyz

Here's one argument amongst many:

https://x.com/0xkydo/status/1915212191655182666