Re:The Ethereum merge is done
by AgentME on Thursday September 15, 2022 @03:57AM
(#32848659)
It relied on a central authority to work, and that's very related to why it no longer works.
[ Parent
| on HN ]
David Chaum opined then “As the Web grew, the average level of sophistication of users dropped. It was hard to explain the importance of privacy to them” https://en.m.wikipedia.org/wiki/Ecash
Not sure how this opinion relates to failure, but just in case, things only got worse since.