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50969777 No.50969777 [Reply] [Original]

What are your plans for the Ethereum POW fork coming with the merge?

>> No.50969796

>>50969777
I ll sell it for guba.

>> No.50969821

might keep some if i like their plans especially with all the coincerns i have about pos lately. my primary concerns regard scaling, without an aggressive and ambitious scaling plan i just don't see it working long term.

>> No.50969827

https://twitter.com/EthereumPoW/status/1560044879920607233

I dunno what these guys are doing but it looks like trading will be impossible at first

>> No.50969840

>>50969821
to be clear im not concerned about pos staking, eth2 will shard and reach face melting tps thats fine. i mean how is the pow chain going to compete with that? i wont get into my pos coincerns because ive vented about that all day already and we all know issues by now. i'll just say "regulatory capture" and leave it at that

>> No.50969849

>>50969827
They also apparently redirecting gas fees and ethereum foundation funds to a multi sig so they'll have one hell of a treasury lol

>> No.50969871

>>50969840
>pos staking
i mean scaling

>> No.50969878

>>50969849
So they ll dump on us.... Nice!

>> No.50969914

>>50969878
Yeah doesnt seem like a very legit attempt.

>> No.50969928

>>50969914
Never trust a cross handed miner chink!

>> No.50969933
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50969933

>>50969840
Wake up! Pos is a terrible idea and removes the economic incentive of miners. The real world economy is literally pos so just touch grass if you want that model.

>> No.50970061

>>50969933
did you even read my post? you don't need to tell me to wake up, i'm awake. my concern with pos is regulatory capture ie recreating the very system eth was intended to replace. that whole tornado crash spectacle really opened my eyes

>> No.50970181

>>50970061
You are right to have that concern because the entire reason for """eth2""" is to enrich vitalik and his friends. I can guarantee it will not scale and will only make problems worse by braking the economics. He knows it. He started out not as a scammer but I think the prospect of billions of dollars and the realisation that his chain doesnt work changed him.

>> No.50970461

>>50970061
Your concerns are noted, the Ethereum network is working as intended and your deposits are appreciated.

>> No.50970503

>>50969840
They’re already saying it won’t be faster or cheaper

>> No.50972577

>>50970503
we've known that for years we'd have to wait for sharding and that faster and cheaper wouldn't come from the merge alone. this is not new information just because you're only hearing about it now. it was readily available public knowledge

>>50970461
lol, my concerns are noted. that's a good one