19 There Is Something Wrong With Ethereum, And It's Founder Vitalik Buterin. This Freak Needs To Go. (finance.yahoo.com) posted 2 years ago by Questionable 2 years ago by Questionable +20 / -1 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
Isn’t proof stake based on “the person with the most “cred” approves the transaction?
How doe they get cred?