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by baby 1863 days ago
I don’t think PoS was a thing when Ethereum was invented.
2 comments

It's mentioned in the whitepaper - https://ethereum.org/en/whitepaper/

> Note that in the future, it is likely that Ethereum will switch to a proof-of-stake model for security, reducing the issuance requirement to somewhere between zero and 0.05X per year.

Interesting, in any case I don’t think any decision was made to ease the transition at the time.
It absolutely was, Peercoin (PPC), and even DPoS (BTS) predates ethereum too. What are they worth today? PoS is a scam -- also Diem is worse -- it is dystopia.
Mkay