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Ethereum didn't fail to scale, its just taking much longer than anticipated. The plans are finally coming together though for PoS and Sharding on the base chain

Ethereum didn't fail to scale, its just taking much longer than anticipated. The plans are finally coming together though for PoS and Sharding on the base chain, with layer 2 there for more scaling as needed

robertAngst 7y ago
Layer 2 is not decentralized. POS is not decentralized Sharding has a unstoppable risk of a 51% attack. Ethereum has failed.
- ericb 7y ago
  > POS is not decentralized huh? > Sharding has a unstoppable risk of a 51% attack. So does bitcoin?
  - robertAngst 7y ago
    POS uses few users to validate transactions. This is not decentralized. > Sharding has a unstoppable risk of a 51% attack. >So does bitcoin? Bitcoin cost of 51 percent attack is ~400k for 1 hour. ETH is 90k for 1 hour. https://www.crypto51.app/ https://www.crypto51.app/
    - ericb 7y ago
      > Bitcoin cost of 51 percent attack is ~400k for 1 hour. ETH is 90k for 1 hour. Seems not wildly different to me and nearly the same order of magnitude, and you are also admitting that 51% is a concern for Bitcoin, so it sounds like we're agreeing now! > POS uses few users to validate transactions. The "few" can be quite a large number, and those same validators are by definition very invested.