# 182 - Hasu Explains: Is Lido a Threat to Ethereum?

*Author: Ryan Sean Adams, David Hoffman*
*Published: Aug 4, 2023*
*Source: https://www.bankless.com/es/early-access-hasu-explains-is-lido-a-threat-to-ethereum*

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Lido has over 30% ETH staked. Should we be alarmed? Joining us is Hasu to shed some light on this question.

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## TIMESTAMPS
0:00 Intro

4:34 Is Lido's Perception Unfair?

9:08 Is Lido Too Big To Fail?

15:57 What Can An Entity Do With 33%?

21:27 TLDR Recap and Overview

24:11 When Does Lido Risk Become Systemic

32:54 Lido Is Not One Entity

36:40 Node Operators vs DAO

41:19 LDO Governance

49:39 Is Lido Forkable?

52:37 The Path To 5,000 Operators

58:46 Distributed Validator Technololgy

1:08:16 Addressing The Critics

1:17:31 The Staking Social Layer

1:24:40 Is Lido Treated Unfairly?

1:26:47 Can We Keep Ethereum Decentralized?

1:30:07 Risks and Disclaimers

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## Resources

Hasu on Twitter: [https://twitter.com/hasufl](https://twitter.com/hasufl)

Uncommon Core v2: [https://www.ucc2.xyz/](https://www.ucc2.xyz/)

Hasu last on Bankless: [https://youtu.be/1qqkoGatPdE](https://youtu.be/1qqkoGatPdE)
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