Ethereum

Bitcoin

when

Ethereum co-founder Vitalik Buterin recently addressed the ongoing discussions within the Ethereum community regarding the network's transition from Proof of Work (PoW) to Proof of Stake (PoS). In his response to users on social media platform X, Buterin countered views that Ethereum should actually stick to PoW.
Recently, users have been commenting that it would be better for Ethereum to remain in the Proof of Work system that Bitcoin uses.
“PoW was also very centralized,” Buterin said.
<blockquote>
 “It just wasn't talked about much because everyone knew it was just a temporary phase until PoS.”
</blockquote>
“PoW was also very centralized,” Buterin said. “Sadece hakkında çok fazla konuşulmadı, çünkü herkes bunun PoS’a kadar sadece geçici bir aşama olduğunu biliyordu.” Ayrıca, ETH ağının muhtemelen çoğunlukla ASIC’lerden kaçındığını, çünkü yaklaşan PoS geçişinin bunları üretmek için hiçbir teşvik anlamına gelmediğini de sözlerine ekledi.
Buterin, who first proposed the creation of Ethereum in 2013 when he was 19 years old, also included a pie chart of Ethereum PoW mining pools in his answer. The chart shows that the currently closed SparkPool has a 33% share, Ethermine has a 21% share, and F2Pool has a 11% share.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/ethereum-founder-vitalik-buterin-responds-to-emerging-criticism-of-eth/" rel="noopener noreferrer nofollow">Ethereum Founder Vitalik Buterin Responds to Emerging Criticism of ETH</a>

Ethereum Founder Vitalik Buterin Responds to Emerging Criticism of ETH

Bitcoin Sistemi EN

Other articles published on Apr 26, 2024

Analyst Who Called Shiba Inu’s Previous 224% Rally Sights Potential for Another SHIB Surge Follow...

Optimism Patches Testnet Security Flaws After Offchain Alert

This is how much Ted Cruz is up on his Bitcoin bet

Kinto CEO Ramon Recuero on the impact of real-world assets

Solana whale’s massive sell-off sends SOL’s price under $145 – What now?

SlowMist uncovers crypto scam exploiting altered Ethereum nodes

Join our free newsletter for daily crypto updates!