Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag...
by Mouse47 on Friday November 03, 2017 @11:38AM
(#15619980)
>The other big question on Ether (for me) is the talk about going from proof-of-work to proof-of-stake. That sounds like something that would sharply cut the price of Ether, which is good if you want the network to actually be useful, but bad if you are a speculator.
Why is that? I'm pretty uninformed on this stuff...I get that POS basically replaces risk via electricity cost with risk via an Ether stake...but I don't get how it changes the supply or demand...
Why is that? I'm pretty uninformed on this stuff...I get that POS basically replaces risk via electricity cost with risk via an Ether stake...but I don't get how it changes the supply or demand...