You are viewing a single comment's thread from:

RE: Will Ethereum's Journey To Merge Lead To A Split?

in LeoFinance3 years ago

After making this post I saw this article that suggests there might be risks or threats from regulators for Ethereum on PoS.

coinbaseeth.jpg

https://decrypt.co/107700/coinbase-ceo-wed-shut-down-ethereum-staking-if-threatened-by-regulators

When it comes to PoW, I don't think governments would ban because of energy consumption. However, they try to make it more difficult for miners sometimes. I actually see opportunities for government and private sector collaboration and cooperation to create infrastructure that can be paid by mining profits, but also be useful for communities, cities, and countries as such new infrastructure may provide electricity at lower costs.

Overall, I believe mining is more efficient way of creating value than any other ways energy is consumed.

Posted Using LeoFinance Beta

Sort:  

It would be interesting to know how big is Coinbase with eth staking. I would say majority and whales are staking at decentralised Aave etc. But I may be wrong.

The eth maxis are saying that the merge would be greener and then the eth would become deflationary as there would be each year less eth, not more. I think around 2% less supply each year. So this is good news for holders and stakers.

And @geekgirl thanks for your generous tip!