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Ethereum has been moving to proof of stake for the past 4 years. Everytime these threads come up people bring up that ETH is *just about* to move to PoS, but it
by zkldi 5y ago
Ethereum has been moving to proof of stake for the past 4 years. Everytime these threads come up people bring up that ETH is *just about* to move to PoS, but it never happens.
- cableshaft 5y agoYou're presumably in software, you should know major software upgrades take years and always longer than expected. Doubly so when it's already being used for millions of transactions daily. Triply so when you're altering the fundamental nature of the underlying protocol. They have already released the first of three phases. It's live now. I currently have some ETH on the new Proof of Stake chain. Second phase (where they merge it with the rest of the network) got pushed back a few months recently, but it's still expected Q1/Q2 2022[1]. I see and expect this argument from people who aren't in software, who expect everything to happen perfectly and instantly. But you should have been involved in enough projects to know you can't just Thanos snap a major software upgrade into existence. https://ethereum.org/en/eth2/merge/ https://ethereum.org/en/eth2/merge/
- serverholic 5y agoGame developers: "We need to push back the release date" Gamers: "No problem. Take the time you need to make it good." Crypto developers (who are responsible for billions of dollars): "We need to push back the release date" Techies: "How dare you. I'm going to imply you're incompetent even though I don't follow the development process at all."