Re:Attack of the 50 foot Blockchain (2017)
by davidgerard on Wednesday July 14, 2021 @10:32AM
(#27833458)
Buterin's just put ETH2 back to the end of 2022, keeping PoS perpetually 18 months in the future, where it's been since 2014. So I would recommend counting this chicken when it's hatched, and not a moment before.
https://tokenist.com/buterin-explains-why-ethereum-2-0-upgra...
Re:Attack of the 50 foot Blockchain (2017)
by conradev on Wednesday July 14, 2021 @03:10PM
(#27837090)
Ethereum actually pushed the sharding portion of ETH2 back to end of 2022, not proof-of-stake:
> Originally, the plan was to work on shard chains before the merge – to address scalability. However, with the boom of layer 2 scaling solutions, the priority has shifted to swapping proof-of-work to proof-of-stake via the merge.
My ETH is already staked as ETH2, and it looks like the plan is still to do the merge in “2021/2022”.
Conclusion: Fusion energy will be available a fixed number of years after ETH PoS.
Re:Attack of the 50 foot Blockchain (2017)
by miracle2k on Wednesday July 14, 2021 @05:50PM
(#27838862)
As sibling points out, this is not correct. Unfortunately there are a number of sections in your book where you engage in a similar kind of misdirection as this.
Re:Attack of the 50 foot Blockchain (2017)
by davidgerard on Thursday July 15, 2021 @06:29AM
(#27843229)
This is an example of the crypto advocate style of attempted nitpicking that isn't actually of substance and makes no difference to the point.
You don't get to claim PoS is happening until it happens, given Ethereum's consistent track record of failure to make any such thing happen.
If the ETH token readily tradeable for money on crypto exchanges is not at all based on PoW before the last quarter of 2022, I for one will be tremendously surprised.
The fact that Ethereum is tackling the energy use problem head on with proof of stake and and doing so within the next year makes it incredibly appealing.