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by VHRanger 1625 days ago
Proof of stake has been ~18months away for ethereum since 2015.

Sure, they've built some stuff at this point, but have made no progress on the inner politics of the issue. So it remains in some untouchable future for the time being.

2 comments

Remind me by year end if this is still the case and I'll eat humble pie. It's true it's been discussed about for ages, and even Vitalik was inviting laughs at his really low initial estimate, so it's fair to be skeptical
Lightning is PoS for Bitcoin. Ready today!
Doesn't solve PoW pollution issues.

Pollution is equal to resource use, which is equal to mining rewards.

Mining rewards are proportional to market price, not # of transactions.

So lightning could help with scale (I dont think it will) but wont help with resource waste

There’s no such thing as PoW pollution. Think of solar panels, wind power and fuel burn offs, all power at the edge, made efficient by PoW, not socialistic PoS nonsense.