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I can see that this idea comes from a place of good intentions, but I think this is a slippery slope. With this idea, PoW Ethereum is banned, but PoS Ethereum i
by lhorie 5y ago
I can see that this idea comes from a place of good intentions, but I think this is a slippery slope. With this idea, PoW Ethereum is banned, but PoS Ethereum is ok; how does one even regulate that? And what of things like Chia (proof of space, i.e. "let's hog hard drives")? And what about L2 solutions? And how much is too much? Should Ethereum 2 be banned if Nano is shown to be more scalable? Where does one draw the line?
I think that at some point, PoW will become so economically unfeasible that it'll simply make more sense for miners to ditch those coins and whale up on PoS ones.