[jeroenhd]

This is good. It took way too long to get here, but it's good that Ethereum is finally fixing its "waste energy to create coupons" system. I still don't really see the point of most ethereum applications but at least it's trying to burn the planet much slower now.

All eyes should now be on Bitcoin to also switch to a non-planet-burning proofing system. Ethereum proved that it can happen and all other blockchains should be held to a similar standard.

[cflynnus]

Labeling Bitcoin mining as "wasteful" is a subjective opinion not an objective truth. Mining does produce something: physics backed security guarantees, which has a value that's determined by a free market (see Bitcoin price/market cap).