80% of ICPs nodes are held by just 8 separate node provider entities

[tsetse]

@tsetse

In the longer run, ‘forced selling’ is the best thing that could happen to the IC ecosystem. It is the only way to decentralise, aside from neurons becoming tradable.

@tsetse

not only are too many coins in too few hands but, crucially, the tokenomics is structured to favour their persistence in the same hands by rewarding them disproportionately. Anything that counters this centralisation is to my mind a good thing even if it inflates supply at a time such as now when the market is in terrible condition. If maturity has to be converted into liquid ICP and sold for tax reasons, so be it. In the long run, it will be a good thing that the ICP flowed to new owners. I am willing to bear the notional loss on my stake during this period.

This is what I wrote on the Draft Proposal: Compounding Maturity thread.
I am happy that the concentration of ICP has been decreasing as a result of tax-related sales. Pity we will soon revert to a state of increasing concentration thanks to Dfinity’s proposal 48623.