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Author Topic: ETH going PoS is a huge mistake  (Read 255 times)
bittick
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April 06, 2022, 03:31:31 AM
 #41

hopefully they will just stay hybrid and not go full pos. if they go to only pos, I think it wont be as popular
It's caused by almost all of ethereum competitors are using POS right now and if Ethereum will be moving to the POS and there will be no something unique from this coin anymore. The POW consensus has been making it to be truly decentralized. The fact that if you are also seeing how people like about how decentralized ethereum is.
The popularity of ethereum will remain the same for ethereum but the only thing that will happen if it will be decreasing the demand.

yazher
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April 06, 2022, 05:14:33 AM
 #42

Be calm, ETH going proof of stake isn't finalised yet I'm expecting some kind of hybrid functionality where by PoW algorithm and PoS works in one box, we've seen few projects utilising such use cases before so lets wait till the time gets here and see what the final decision will be.

Yeah! they cannot sacrifice their hard work by suddenly making it just like that because if ever that will happened, it will be sure a huge loss for them, and they will gonna regret it if some project will be managed to get their position in the crypto industry by putting all the features the investor wanted in their platform. right now it's just all about planning from the Ethereum teams we might not see the full roadmap of it for the next months to come until they finalized and reviewed it.
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April 06, 2022, 05:51:34 AM
 #43

ETH going PoS might even be the biggest move ever, we've seen how many miners and investors are looking forward to staking their Ethereum coins, I think the demand for ETH PoS has already filled the air, this won't drag ETH down.

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April 06, 2022, 12:39:43 PM
 #44

hopefully they will just stay hybrid and not go full pos. if they go to only pos, I think it wont be as popular
It's caused by almost all of ethereum competitors are using POS right now and if Ethereum will be moving to the POS and there will be no something unique from this coin anymore. The POW consensus has been making it to be truly decentralized. The fact that if you are also seeing how people like about how decentralized ethereum is.
The popularity of ethereum will remain the same for ethereum but the only thing that will happen if it will be decreasing the demand.
It was in 2016 that the coin had a fork due to problems with hacking the Decentralized Autonomous Organization (DAO). A coin is decentralized only when its developers do not try to solve the problems of another organization through soft forks and violating the basic principles of the blockchain.

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April 06, 2022, 01:29:16 PM
 #45

being like everyone else is not a bad thing. POS may be synonymous with centralized systems, but we have to admit this is exactly what ethereum needs today. there is nothing wrong with POS, this change will not make ethereum deprecated. whatever happens as long as it solves scalability issues, the ethereum community will accept it. so don't ever think that ethereum using POS is a mistake.

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