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by telomero22 1521 days ago
That's really irrelevant in 2022, since 90% of blockchains are not Proof of Work anymore.
2 comments
K0nserv 1521 days ago
Maybe 90% by count, but not 90% by volume of transactions, prominence, etc. Bitcoin seems to be entirely resistant to moving away from PoW and Ethereum have been in the process of moving to PoS for years.

Pop quiz: What will happen first, Ethereum PoS or the year of linux on the desktop?

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dcolkitt 1521 days ago
You realize the merge has already successfully completed on a testnet last month. The Geth client code for the merge is complete.

I’m willing to bet any amount you want up to $30,000 that Ethereum main net is running PoS by Dec 31 of this year.

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saalweachter 1521 days ago
At what odds?
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dcolkitt 1521 days ago
1:1 I think is most fair.
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saalweachter 1521 days ago
So you think there is only a 50-50 chance of Ethereum being proof of stake by EOY?
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dcolkitt 1521 days ago
Absolutely. Again, testnet has already merged.
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telomero22 1520 days ago
Yes, 90% by number transactions. Binance chain, Solana, Luna, AVAX, ADA, DOT are doing around 15 million transactions a day altogether while Bitcoin and Ethereum are only doing 1.5 million altogether.
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pid-1 1521 days ago
90% by market cap or nominal quantity of projects?

Like, if we are using the second metric we could even create 1000s of irrelevant PoS coins to pump that baby up.

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