Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by z0xz0xz0x on Sunday January 31, 2021 @04:49PM
(#25982892)
Not all cryptocurrencies have finite volumes by design. Ethereum, for example, currently doesn't have one. It also uses a proof-of-stake instead of proof-of-work for consensus, so even early owners of hardware don't maintain an advantage.
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Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by Nursie on Sunday January 31, 2021 @05:27PM
(#25983221)
Has ethereum actually switched to PoS? It was still in the pipeline last I heard.
Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by icelancer on Sunday January 31, 2021 @06:02PM
(#25983496)
ETH 2.0 is operational and is PoS but the main Ethereum is not Proof of Stake just yet. 2ish years (Vitalik time = Valve time, so probably 3+ years).
Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa...
by JacobSuperslav on Sunday January 31, 2021 @05:34PM
(#25983278)
afaik still PoW