When is Ether going POS and how is it going to impact the ICO Smart Contracts ?

[zzert1234]

As far as I know Ethereum POS is coming in months, yes/no? Has there been any QA with published results ? Last thing I heard was they were going to run POW and POS concurrently in the beginning.
Also is POS changing the ICO ERC20 smart contracts ? Any tech info on that would be great. Thanks.

[anasso]

the switch to proof of stake or the serenity update is planned by the end of the year!

the reason is that if ethereum will be mainstream, mining will consume huge electricity, so they want ethereum to become eco friendly!

[Ucy]

Don't really know much about the Proof of work/stake thing but it looks like Proof of Stake is a lazy way of solving problem plus the fact that it can easily encourage Centralization. For me the benefits of Proof of Works outweighs negative