20 There Is Something Wrong With Ethereum, And It's Founder Vitalik Buterin. This Freak Needs To Go. (finance.yahoo.com) posted 3 years ago by Questionable 3 years ago by Questionable +20 / -0 9 comments share 9 comments share save hide report block hide replies
For all cryptocurrencies: he who controls the plurality of hashing rigs is in complete control of which transactions are processed and when.
Every time you transfer coin remember: Whoever on Earth has the most RTX3090's decides whether I can make this transaction.
I wonder why there are chip shortages... Surely there's no evil billionaire trying to usurp control of all finance...
Ethereum is moving to proof of stake
I'll believe it when I see it. It's a promising, uh, promise.
Isn’t proof stake based on “the person with the most “cred” approves the transaction?
How doe they get cred?