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We could see a very unexpected outcome of an ETHpow chain living on and PoS falling on it’s face, effectively validating PoW as the important innovation that is
by alchemist1e9 4y ago
We could see a very unexpected outcome of an ETHpow chain living on and PoS falling on it’s face, effectively validating PoW as the important innovation that is is. How does it fail you ask? Probably something along the lines of the outages seen with Solana, some unexpected sequence of events that causes a cascading failure of validators which needs a “restart”. PoW doesn’t ever need a restart condition, it’s build into the foundation. I don’t know what will happen, perhaps PoS will work fine, the Merge takes place and all the miners shutdown or move to ETC or whatever. Or does The Merge and some failure around it mark the eventual slow death of PoS and a resurgence of Bitcoin dominance?