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Ethereum will solve both issues, removing miners and the energy use by moving to Proof of Stake at the end on this year, and increasing the transaction throughp

Ethereum will solve both issues, removing miners and the energy use by moving to Proof of Stake at the end on this year, and increasing the transaction throughput by 100x factors with level 2 solutions.

ulzeraj 5y ago
How does PoS solves anything when people will just stake on exchanges so that it literally replicates the current financial system with central banks and permissioned cartels? How new PoS coins will be generated and distributed? The stock has to be generated somehow right? How does this not resemble a central bank? This is an honest question. It looks like PoS is a full circle towards the same centralized system we have today. Please correct me if I'm wrong.
- AlexandrB 5y ago
  The history of cryptocurrency seems to be the re-discovery of why the global economy is structured the way it is from first principles.
- inter_netuser 5y ago
  You are exactly correct. It is plutocracy, but with emojis.
- deleted 5y ago
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