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The latter is still valid for Ethereum until the update to ETH v2 and Proof of Stake is live. We are not there yet.

• _han 5y ago
  When is this expected to go live? I thought we'd be there by now.
  • NoGravitas 5y ago
    It's been "coming soon" for years. It's basically just a greenwashing tactic that never has to be delivered on.
    • hunterb123 5y ago
      $5 billion+ is staked on ETH2 already. It's delivered, it just takes time to migrate the entire market cap.