Vitalik Buterin's stance on Ethereum's transition to proof-of-stake concludes debate, but leaves crucial question unanswered: Was it right decision?has decisively put an end to the debate, asserting that PoW was not immune to centralization. With Ethereum's transition to proof of Stake , Buterin argues that the temporary nature of PoW allowed centralization to remain largely unaddressed.
PoW was also quite centralized. It was just not talked about as much, because everyone knew it was only a temporary stage until PoS. And that doesn't even get into how we probably mostly avoided ASICs only because the upcoming PoS switch meant no incentive to build them.The resurgence of debates surrounding Ethereum's switch to staking, fueled in part by ongoing legal battles, notably with the SEC, has been met with Buterin's unwavering defense.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.SNUKE Meme Coin Launches Presale, Is This The Next Solana Meme Coin To Explode
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