Ethereum POS

[thesavoyard]

What do you think, will POS kill Ethereum or make it even stronger? No more mining rewards, no more proof of work. Is a blockchain without POW as secure as a POW blockchain?

I know it's been pushed back multiple times but when will it be implemented? Personally, I like Dash's plan to make POW energy efficient, I don't see how Eth will manage their plan to process hundreds of thousands of transaction per minute on a POS system.

[1715464712]

1715464712

[1715464712]

1715464712

[1715464712]

1715464712

[1715464712]

1715464712

[1715464712]

1715464712

[1715464712]

1715464712

[helloeverybody]

I dont know when pos is getting implemented but i stopped mining eth over a year ago and didnt bother adding more cards to my rig because i thought we would be swapping to pos soon thus making my cards redundant. What i know though is there are already pos coins issued for example waves, and the system works well. Mining isnt over completely because you will still have the option to stake which means you will be pulling in a percentage of the transaction fees. No reason why that would kill off eth.

[thesavoyard]

I didn't know wave was POS. I wasn't aware of a major coin already adopting it. I might mine less and go for POS and masternodes now. Electricity in the Netherlands is a killer.

[seasonw]

Pure POS is much much secure than POW. So, there is no problem if ethereum go into POS only era, this is better as the network will be much stable.

[thesavoyard]

Pure POS is much much secure than POW. So, there is no problem if ethereum go into POS only era, this is better as the network will be much stable.

I'm setting up a Xios masternode now, it earns MN rewards and POS rewards. I just hope the Dev gets his issues worked out with Github.

[GeePeeU]

Has ETH Devs talked about switching to POS at all lately ? It was all the rage 6 months ago.