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Not all cryptocurrencies have finite volumes by design. Ethereum, for example, currently doesn't have one. It also uses a proof-of-stake instead of proof-of-wor
by z0xz0xz0x 6y ago
Not all cryptocurrencies have finite volumes by design. Ethereum, for example, currently doesn't have one. It also uses a proof-of-stake instead of proof-of-work for consensus, so even early owners of hardware don't maintain an advantage.
- Nursie 6y agoHas ethereum actually switched to PoS? It was still in the pipeline last I heard.
- JacobSuperslav 6y agoafaik still PoW
- icelancer 6y agoETH 2.0 is operational and is PoS but the main Ethereum is not Proof of Stake just yet. 2ish years (Vitalik time = Valve time, so probably 3+ years).