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The last time I bought ethereum was around 2016/2017 when there were heavy talks of proof-of-stake coming soon.
by scrose 4y ago
The last time I bought ethereum was around 2016/2017 when there were heavy talks of proof-of-stake coming soon.
- DennisP 4y agoThat version of PoS would have required a minimum stake of 1500 ETH, because it couldn't handle many staking nodes. Then they figured out the beacon chain, which would support staking with only 32 ETH. They made a conscious decision to eat a couple years to go that way instead. The beacon chain launched as a parallel network in December 2020.