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Yes, although my understanding is that the transition will be gradual. PoW rewards will gradually decrease while PoS rewards gradually increase, facilitating th
by e79 9y ago
Yes, although my understanding is that the transition will be gradual. PoW rewards will gradually decrease while PoS rewards gradually increase, facilitating the tranisitioon without all miners jumping ship. Miners who are invested in Ethereum may choose to convert their mining profits into stake.