IsThereAnythingLeft- t1_izbfvuw wrote on December 7, 2022 at 9:46 PM

Reply to comment by nbearableus in Ethereum’s energy switch saves as much electricity as entire Ireland uses | The success of The Merge concept may now serve as a roadmap to enable a switch from Proof of Work to Proof of Stake in Bitcoin. by chrisdh79

It was supposed to be a peer to peer payment system, it has openly failed at that and most admit it. 5 tps isn’t a global payment system. The large holders of PoS networks is no different than large mining pools for PoW

nbearableus t1_izbisyx wrote on December 7, 2022 at 10:05 PM

So it has a purpose. It absolutely has failed, now treated as speculative asset.

Yes there is essentially no difference except I can mine but I don't have enough eth to be of use in pos.