[anchpop]

There’s ENS, which seems on sturdier footing than Handshake to me, but the gas on ethereum is ridiculous

[chrisco255]

ENS is adding layer 2 support soon. While gas sucks on layer 1, since it's only ~$5 a year for the domain, you can register something for like 10-20 years for not much more than the cost to register for one year (gas considered).

[publiush]

Isn't Ethereum moving to Proof of Stake though?

[rglullis]

Yes, but PoS will not solve the problem of gas fees. Gas fees only come down when network capacity is higher than its demand.

Layer-2 systems (which allow some of the operations to happen off-chain) is how Ethereum developers are trying to scale the network capacity.

[publiush]

My worry with Ethereum is that moving to proof of stake changes the project from a decentralized one to something a little less so.

[rglullis]

Would you like to check how many people are running ETH2.0 validators [0] vs how many people are running Handshake nodes?

[0]: https://launchpad.ethereum.org/en/

[everfree]

Are you not concerned about the decentralization of Handshake's PoW consensus, considering that it uses a custom hashing algo that seems to be dominated in hardware production by a single company, Goldshell?

I believe you may be missing the forest for the trees by worrying about Ethereum's decentralization when compared to Handshake's.