4 ms·
> For the record, it looks like Ethereum's switch to Proof of Stake has been successful on the testnet, and the live launch should occur in June or July thi
by nonrandomstring 5y ago
> For the record, it looks like Ethereum's switch to Proof of Stake
has been successful on the testnet, and the live launch should occur
in June or July this year.[0]
That's kinda the good news I have been waiting to hear. People much
smarter than I have been saying PoS will never work, Politically
I am for digital currencies so long as they
- are in the control of the people not central banks or big
corporations
- offer small transaction anonymity
- remain a complement to cash, not a replacement which would be
dangerously irresilient.
- Use a PoS scheme and don't require gigawatt datacentres to work
I am always told these aims are mutually incompatible, but intuitively
at least I reckon it's solvable.