because once you have a global, indestructible infrastructure that embeds the same principles, companies would find it more efficient to do so, instead of building their own unique and non-compatible version.
thanks for the info, I knew all of that.
the problem here is not the expected switch to PoS, the problem is how do we go about reaching consensus about something in Ethereum.
Is Vitalik calling the shots? I hope not. So if a small group of people is very determined and excited, doesn't mean shit to the ecosystem at large.
I am not saying this EIP, or PoS, are bad. It's the way you do it that matters.
mmh doesn’t make a lot of sense. Miners do actually provide the infrastructure for the network to function properly: no miners, no coins, no blocks, no transactions, no network.
I know it’s tempting to discard miners’ concerns, but it would be a great mistake. Miners need incentives, without incentives we’ll start allocating capital and resources somewhere else.
We are not greedy, not crazy, not confrontational: we are just rational.
If someone don’t like us, then could do without us.
I would like to ask you why start with cryptocurrencies, that only account for 0.6% of world energy consumption, when we can dream big and tackle the issue once and for all by banning air travel. BOOM! In a heartbeat you are consuming -20% of world energy. Or why don't we ban actual mining? Another 10% plus reduction of unspeakable crimes perpetrated daily on vulnerable people.
Why cryptocurrencies of all the energy hungry sectors? There are way lower hanging fruits than crypto.