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Judging by the comments here in this submission and overall on HN, not everyone is aware that different cryptocurrencies have different strategies for consensus
by capableweb 5y ago
Judging by the comments here in this submission and overall on HN, not everyone is aware that different cryptocurrencies have different strategies for consensus.
For example, I've seen calls to action from a lot of HNers to ban all cryptocurrencies because they are destroying the environment, missing completely that PoS even exists and has nowhere near the impact on energy usage as PoW.
- boppo1 5y agoIs ETH PoS yet?
- capableweb 5y agoKinda. There are currently two chains that can be called "Ethereum" right now, commonly known as Eth 1 and Eth 2, and funds have started moving to Eth 2 via staking (currently the Eth 2 contract running on Eth 1 is the largest holder of Ethers on the Eth 1 network). You can use Eth 2 already, but can't transfer funds back to Eth 1 yet and the chains haven't been "merged" yet.