WHAT WILL PROOF OF STAKE MEAN FOR ETHEREUM?

in #crypto7 years ago

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Below is a great article that talks about the future of Ethereum mining--they state that it can probably go on for another 6 months, but once Metropolis, the proof of stake platform, comes in, who knows??

I always find it weird when miners don't change with a coin. Like Ethereum Classic. That was a bunch of guys unwilling to change with the coin, and Poloniex making sweeping decisions. It doesn't matter in the long run, I mean who really cares, but with the Bitcoin fork(s) coming, we could be looking at 2 or three different types of bitcoin coming down the line.

Will miners refuse to stop mining the old/new Ethereum? We will have to see. The next 6 months in crypto, whatever you invest in, are promising to be a wild ride!

https://www.crypto-news.net/what-does-ethereums-proof-of-stake-algorithm-mean-for-miners/

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Thanks for sharing the article :) I think POS if it happens and works. ETH will explode. That is just my opinion though but who knows! This is crypto anything can happen lol, Yup roller coaster ride for sure!

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