Ethereum will use around 99.95% less energy post merge

Re:Ethereum will use around 99.95% less energy post merge by wmf on Tuesday May 18, 2021 @02:04PM (#27198608)

There are already new Ethereum-compatible blockchains like Avalanche but they're missing out on the network effects that exist on the original Ethereum chain.

The only use of crypto is to get rich by being an early adopter. It's easy to design a new system that doesn't benefit early adopters but no one will care about it.

[ Parent | on HN ]

Re:Ethereum will use around 99.95% less energy post merge by jerye on Tuesday May 18, 2021 @03:31PM (#27199840)

I'm interested to know more about a system that doesn't benefit early adopters... Do you have any sources? Thanks :)

[ Parent | on HN ]

Re:Ethereum will use around 99.95% less energy post merge by wmf on Tuesday May 18, 2021 @04:15PM (#27200419)

Basically either stablecoins or some kind of volatility dampening which would increase emission in sync with adoption. Nobody wants this so there's not much work being done on it.

[ Parent | on HN ]