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/biz/ - Business & Finance

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50585136 No.50585136 [Reply] [Original]

>“Proof of stake is much more secure than proof of work, but it does have its tradeoffs,” like weak subjectivity, he said. Even still, Buterin thinks the good outweighs the bad.

Well bros? Is it true?

Source: https://fortune.com/2022/07/21/vitalik-buterin-ethereum-merge-ethcc-paris/amp/

>> No.50585155

>>50585136
switch to pos in 2055 confirmed

>> No.50585175

>>50585136
2 more years

>> No.50585180

>>50585136
Wunderbar! Noe we can buy ze entire network.

T. Klaus.

>> No.50585183

and? The reason eth worked was because of the mining mafia. POS is one in a few dozen.
Also what is the first thing those who "staked" since 4K will do? Yes dump that shit

>> No.50585192

>>50585136
>>50585155
>>50585175
>>50585180
>>50585183

ETH going from POW to POS is literally the end of it being #2 crypto

>> No.50585201

>>50585192
As in it's going to die, or it will take #1?

>> No.50585215
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50585215

Then wtf is this

>> No.50585217

>>50585201
are you retarded?

btc is #1

eth will die

>> No.50585229

>>50585217
I was just asking what you were trying to say. Relax

>> No.50585239

>>50585229
What the fuck lol get a load of this retard hes ngmi

>> No.50585256

>>50585201
die, no, become one among many, absolutely. entropy cant be stopped

>> No.50585421

>>50585136
>another bot
stop spamming paid content trying to get subs
nobody is going to pay for your shitty journalism, web2 nigger

>> No.50585510

>>50585421
Clearly im not a bot you schizo

>> No.50585520

>>50585155
I didnt say JUly!

>> No.50585695
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50585695

>>50585136
>but it does have its tradeoffs

>> No.50585829

>>50585201
It will lose a lot of value in the short term. ETH's entire Mcap is propped up by mining fees. If you were to appraise it as a low cost L1 it would likely have a similar Mcap to XRP which has a very similar volume of transactions.
Long term ETH will be more competitive than all of the meme L1's who have no industry connections and rely on ETH being slow. It will also be more scalable for mainstream adoption.

>> No.50585867

>>50585829
You are still living in the platform paradigm of 2016-2021. A dapp needs no third party token leeching value of it to have the same security guarantees as on the equivalent of neo geo of dlt

>> No.50585960

>discussing eth in [current year]
ethcc was a ghost town. only cringe trans fags like sassel and hudson follow this shit