Ethereum will solve both issues, removing miners and the energy use by moving to Proof of Stake at the end on this year, and increasing the transaction throughput by 100x factors with level 2 solutions.
How does PoS solves anything when people will just stake on exchanges so that it literally replicates the current financial system with central banks and permissioned cartels?
How new PoS coins will be generated and distributed? The stock has to be generated somehow right? How does this not resemble a central bank?
This is an honest question. It looks like PoS is a full circle towards the same centralized system we have today. Please correct me if I'm wrong.
How new PoS coins will be generated and distributed? The stock has to be generated somehow right? How does this not resemble a central bank?
This is an honest question. It looks like PoS is a full circle towards the same centralized system we have today. Please correct me if I'm wrong.