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If your line: "But I imagine that they will invent new problems and the critics will hastefully rush in with their low effort hot takes" was _only_ intended to

If your line: "But I imagine that they will invent new problems and the critics will hastefully rush in with their low effort hot takes" was _only_ intended to refer to "inventing new problems about environmental issues" and "low effort hot takes about environmental issues", you have not achieved the clarity in communication you were looking for. Also, it's kind of a weird stance to take? I haven't seen anyone claiming that PoS wouldn't do exactly what it set out to do, that is fix the energy waste issue inherent in PoW-based blockchains. Maybe we just run in different circles, but the main criticism I see of PoS is that it doesn't _matter._ It doesn't make blockchains or defi any more useful or moral, and it just highlights the other externalities more clearly.

rvz 4y ago
> If your line: "But I imagine that they will invent new problems and the critics will hastefully rush in with their low effort hot takes" was _only_ intended to refer to "inventing new problems about environmental issues" and "low effort hot takes about environmental issues", you have not achieved the clarity in communication you were looking for. I was totally and exactly clear about what I meant about "Inventing new problems" after Ethereum moving to proof-of-stake. One can move to proof-of-stake, reduce or eliminate the significant environmental issues in their chains whilst also increase centralization which is another major valid criticism brought up after the upgrade to PoS widely discussed here. Like I said before, I don't see anyone here discussing how Ethereum moving to PoS is worse for the environment than PoW and I consider the environmental issues of Ethereum brought up by many critics answered and it will no longer be an issue. You can still be anti-crypto and welcome this [0] (or not) and still criticise it on the centralization, scams and ponzi enablement and alledged limited use cases etc. But not for the environmental issues, or 'burning up the planet', etc on Ethereum. > Also, it's kind of a weird stance to take? I haven't seen anyone claiming that PoS wouldn't do exactly what it set out to do, that is fix the energy waste issue inherent in PoW-based blockchains. I did not make that claim. > the main criticism I see of PoS is that it doesn't _matter._ It doesn't make blockchains or defi any more useful or moral, and it just highlights the other externalities more clearly. Right, unfortunately Ethereum or the wider crypto ecosystem in general isn't going to go away that easily. But I know it certainly will be more regulated with a few surviving blockchains. [0] https://news.ycombinator.com/item?id=32580828 https://news.ycombinator.com/item?id=32580828

rvz 4y ago

> If your line: "But I imagine that they will invent new problems and the critics will hastefully rush in with their low effort hot takes" was _only_ intended to refer to "inventing new problems about environmental issues" and "low effort hot takes about environmental issues", you have not achieved the clarity in communication you were looking for. I was totally and exactly clear about what I meant about "Inventing new problems" after Ethereum moving to proof-of-stake. One can move to proof-of-stake, reduce or eliminate the significant environmental issues in their chains whilst also increase centralization which is another major valid criticism brought up after the upgrade to PoS widely discussed here. Like I said before, I don't see anyone here discussing how Ethereum moving to PoS is worse for the environment than PoW and I consider the environmental issues of Ethereum brought up by many critics answered and it will no longer be an issue. You can still be anti-crypto and welcome this [0] (or not) and still criticise it on the centralization, scams and ponzi enablement and alledged limited use cases etc. But not for the environmental issues, or 'burning up the planet', etc on Ethereum. > Also, it's kind of a weird stance to take? I haven't seen anyone claiming that PoS wouldn't do exactly what it set out to do, that is fix the energy waste issue inherent in PoW-based blockchains. I did not make that claim. > the main criticism I see of PoS is that it doesn't _matter._ It doesn't make blockchains or defi any more useful or moral, and it just highlights the other externalities more clearly. Right, unfortunately Ethereum or the wider crypto ecosystem in general isn't going to go away that easily. But I know it certainly will be more regulated with a few surviving blockchains. [0] https://news.ycombinator.com/item?id=32580828 https://news.ycombinator.com/item?id=32580828