could anyone explain why other blockchains were able to implement PoS already while ETH will need ca. 2 more years? what's the difference?
/c red
Other urls found in this thread:
ETH codebase is a complete clusterfuck and the devs do not have a handle on it
Fun fact: Proof of Stake is a scam, its also fake and gay. Not based and redpilled at all.
pretty sprawling docs on github for being a scam or fake. dunno about the gay part
Aren't there many different Ethereum clients in different languages?
Dash has been up and well for a quite a while
>using a premine as your argument
I absolutely love seeing brainlet comments like this. Let’s me know we are still early in all of this. You fucks are literally getting cucked inside an echo chamber
Other block chains PoS relies on varying degrees of centralized validators you must trust, and varying degrees of security. PoS, as of now, doesn't solve all the security problems PoW does. Ethereum has completely decentralized governance and time tested, proven security. You can't just move a blockchain like that, with many billions invested, to an experimental PoS system especially the PoS systems that exist today which aren't really completely decentralized or proven to be secure.
i see but could you elaborate on this more, what's the difference between the PoS Systems in detail
Aside from that PoS has a bankrupt incentives scheme. What makes PoW so great is it allows for new people to enter the market and do it better than the other guy, its about competition. In PoS you have a large wallet that will forever remain a large wallet and there is nothing anyone can do to out compete it.