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by publiush 1656 days ago
Isn't Ethereum moving to Proof of Stake though?
1 comments
rglullis 1656 days ago
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.

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publiush 1656 days ago
My worry with Ethereum is that moving to proof of stake changes the project from a decentralized one to something a little less so.
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rglullis 1656 days ago
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/

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everfree 1656 days ago
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.

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