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PoS seems to be definitely happening for Ether.
by serg_chernata 9y ago
PoS seems to be definitely happening for Ether.
- gjem97 9y agoCould you expand on that any? What's your basis for that belief?
- Jenya_ 9y agoEthereum has a difficulty bomb (mining becomes more difficult with time). This is a form of control from developers over blockchain. If miners refuse to cooperate, they are left with the blockchain which is more difficult to mine with time (and eventually unusable). https://themerkle.com/what-is-the-ethereum-difficulty-bomb/ https://themerkle.com/what-is-the-ethereum-difficulty-bomb/
- serg_chernata 9y agoSorry, that was my conclusion from seeing tweets and commends made by Vitalik and his team. Besides the other response you received, there also seems to be a shift to PoS simply because PoW mining wastes a lot of electricity.