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I don’t think PoS was a thing when Ethereum was invented.
by baby 5y ago
I don’t think PoS was a thing when Ethereum was invented.
- joshmarlow 5y agoIt's mentioned in the whitepaper - https://ethereum.org/en/whitepaper/ https://ethereum.org/en/whitepaper/ > Note that in the future, it is likely that Ethereum will switch to a proof-of-stake model for security, reducing the issuance requirement to somewhere between zero and 0.05X per year.
- baby 5y agoInteresting, in any case I don’t think any decision was made to ease the transition at the time.
- rfd4sgmk8u 5y agoIt absolutely was, Peercoin (PPC), and even DPoS (BTS) predates ethereum too. What are they worth today? PoS is a scam -- also Diem is worse -- it is dystopia.
- baby 5y agoMkay