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In the case of Ethereum, I see it more as acknowledging it is a problem under Proof of Work and they are moving off it this year _because_ it's a problem. They are making tangible progress with the Kintsugi test net coming out last month.

How else are they supposed to address it other than acknowledging the problem, laying out a roadmap, and taking steps towards the end goal?

discuss

VHRanger|4 years ago

Proof of stake has been ~18months away for ethereum since 2015.

Sure, they've built some stuff at this point, but have made no progress on the inner politics of the issue. So it remains in some untouchable future for the time being.

Entwickler|4 years ago

Remind me by year end if this is still the case and I'll eat humble pie. It's true it's been discussed about for ages, and even Vitalik was inviting laughs at his really low initial estimate, so it's fair to be skeptical

kordlessagain|4 years ago

Lightning is PoS for Bitcoin. Ready today!

marcus_holmes|4 years ago

The problem is not that they're not addressing it, or trying to, or at least thinking about how to. The problem is that criticism of crypto's electricity use is immediately dismissed with "but POS will solve that" as if it has already solved it. Which it hasn't.

captn3m0|4 years ago

In the interim we've had zero accountability for the huge Co2 emissions or GPU shortages because of ETH mining for the last 5 years.

Will the Ethereum community offset the carbon footprint of their pet project?

Entwickler|4 years ago

Huh, I get the impression people know it's bad _now_ and that's the _reason_ they're switching.