3 ms·
the plan for ethereum is to switch to proof-of-stake, but that has definitely not been figured out yet. I could also see a more private blockchain supporting st
by scott_ci 9y ago
the plan for ethereum is to switch to proof-of-stake, but that has definitely not been figured out yet. I could also see a more private blockchain supporting stuff like this. Maybe it's not open to anonymous participants, but is still more distributed than a single company.
- SirensOfTitan 9y agoI find movement to PoS perhaps the most important milestone toward large scale adoption of Ethereum or any cryptocurrency-related technology. PoW just isn't feasible for large scale deployment: way too much energy is wasted for consensus.
- Moshe_Silnorin 9y agoEthereum burns ~1 million dollars of electricity per day. But they seem to be on the way to moving to POS.