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it's at least planning to switch over to proof of stake though

• TeMPOraL 6y ago
  How's that going? Been hearing that it's happening "really soon now" for at least 3 years.
  • SXX 6y ago
    They actually started their path of getting required amount of ETH stacked. But it's can still take several years.
  • dannyw 6y ago
    I'm running a PoS validator right now. It's been live for months. Actual transactions will go through this very network in probably a year.
  • capableweb 6y ago
    Moving forward, slowly but steadily. Vitalik been hinting that the work to get of PoW might speed up now, as PoW miners are not too happy about some proposed changes (they'll earn less fees soon, and in the future they will be unnecessary at all). So, things take time. Who knew building a global decentralized computer for everyone was hard work, gonna be difficult and take long time? (Side-note: no one has said that ETH 2.0 is "really soon now", at least not anyone who either works on it or watches the development closely. ETH 2.0 has been far away for a long time, and it's still not close to being deployed, so you might want to look for better sources for your information)
  • shawnz 6y ago
    The wheels are in motion now. The first block was proposed on the proof-of-stake system on December 1st.