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A comment on Bill Gates Says that Bitcoin is bad For the Planet. Parent comment

Re:Bill Gates Says that Bitcoin is bad For the Planet by mumblemumble on Monday March 08, 2021 @11:27AM (#26387505)
They're moving toward PoS, which should help with that: https://ethereum.org/en/developers/docs/consensus-mechanisms...
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Re:Bill Gates Says that Bitcoin is bad For the Planet by Ceezy on Monday March 08, 2021 @11:33AM (#26387610)
They are talking about POS in ethereum since years.
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Re:Bill Gates Says that Bitcoin is bad For the Planet by wcoenen on Monday March 08, 2021 @12:01PM (#26388093)
The recent activation of the beacon chain (and ether staking on it) means that they're committed to proof of stake now. All currently staked ether would be stranded otherwise.

https://ethereum.org/en/eth2/docking/

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Re:Bill Gates Says that Bitcoin is bad For the Planet by kristofferR on Monday March 08, 2021 @11:41AM (#26387765)
Yeah, duh, it's not like it's a small project:

https://twitter.com/VitalikButerin/status/133392262085774540...

It's pretty bad that Bitcoin still hasn't started working on it.

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Re:Bill Gates Says that Bitcoin is bad For the Planet by ChrisClark on Monday March 08, 2021 @11:39AM (#26387726)
And now the PoS chain has already launched and been working great. Next step is just to move the PoW chain to it. But they are definitely going slowly and safely. And it is definitely a slow process. :(
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Re:Bill Gates Says that Bitcoin is bad For the Planet by tarsinge on Monday March 08, 2021 @12:02PM (#26388118)
The v2 POS is live, but the complete migration of the v1 chain will take one or two years: https://ethereum.org/en/eth2/
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Re:Bill Gates Says that Bitcoin is bad For the Planet by bouncycastle on Monday March 08, 2021 @11:47AM (#26387859)
Their mainnet PoS network went live last december. The aim is to turn off PoW next year.
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