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> Ethereum’s power-hungry days are numbered, and I hope that’s true for the rest of the industry too. Ethereum has been talking about PoS for a long time, so u
by wyldfire 5y ago
> Ethereum’s power-hungry days are numbered, and I hope that’s true for the rest of the industry too.
Ethereum has been talking about PoS for a long time, so until they actually deliver we should be looking at existing decentralized PoS coins.
- sp332 5y agoThere is actual, visible progress, plus a built-in self-destruct that will make continuing on the current chain basically impossible.
- crazypython 5y agoThey've moved the self-destruct deadline multiple times.
- sp332 5y agoThere will be a new PoW chain and a new PoS chain. The old chain will technically exist but mining on it will be impractical. There is no longer enough interest from miners to make the new PoW chain the majority, so the winners of this hard fork will be recognized as "Ethereum" and the other miners will be relegated to a less influential chain. https://news.ycombinator.com/item?id=26441399 https://news.ycombinator.com/item?id=26441399
- Vespasian 5y agoThat's true but to be honest they pushed back the self destruct several times in the past and will do so again if needed. Still it's very likely that this time the switch to PoS might finally happen unless something unforseen happens. The development was speed up by a (most likely) failed attempt / pr-stunt of miners to block an unrelated change which will reduce their profitability considerably in July.
- suikadayo 5y agoIt already exists https://beaconcha.in/ https://beaconcha.in/