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A comment on US travel firm $4.5M ransom negotiation open chat. Parent comment

Re:US travel firm $4.5M ransom negotiation open chat by 5986043handy on Sunday August 02, 2020 @11:31PM (#24033957)
The waste of electricity/mining gear is mostly due to Proof of Work consensus, but moving to Proof of Stake/other consensus algorithms will eliminate basically all waste (eg. Ethereum is moving to PoS).
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Re:US travel firm $4.5M ransom negotiation open chat by asdfasgasdgasdg on Monday August 03, 2020 @01:09AM (#24034397)
I feel like I've been hearing about ethereum proof of stake for years. When are they actually going to move to it?
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Re:US travel firm $4.5M ransom negotiation open chat by Polylactic_acid on Monday August 03, 2020 @02:04AM (#24034638)
From what I can see, cryptocurrency is technologically frozen right now because any change results in some people making less money so there can never be a consensus on anything.
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Re:US travel firm $4.5M ransom negotiation open chat by dogecoinbase on Monday August 03, 2020 @01:22AM (#24034445)
No one has a demonstrated effective PoS implementation yet (that isn't simple centralization). ETH will not move to PoS anytime soon enough to be meaningful, nor will any other cryptocurrency.
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