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Topic: So much for PoS from PoW for ETH - page 4. (Read 939 times)

member
Activity: 1558
Merit: 69
November 24, 2022, 05:39:06 AM
#5
Let's say that the transition of eth from pow to pos was not a success the rewards only in a few years for the nodes, not being able to withdraw the eth placed in pos (although after the Shanghai update it will become possible) at the same time there are still no valid alternatives sure there is ethw but the earnings are not the same

You get under 5% per year for staking eth - so the "rewards" is also low as the mining profits at the moment. i don´t see a reason to stake over 32000€ for 5% yearly and loose the capability to sell my coins for years.
Zilliqa for example is PoW/PoS, you get 16% for staking, you can withdraw it every time and you can mine it. Only an example!!!!

ERGO lost much of the reputation after this BlockTime disaster and the in my opinion not successfull hardfork, the stolen ETC twitter account and so on.
member
Activity: 759
Merit: 15
November 23, 2022, 04:13:17 PM
#4
Let's say that the transition of eth from pow to pos was not a success the rewards only in a few years for the nodes, not being able to withdraw the eth placed in pos (although after the Shanghai update it will become possible) at the same time there are still no valid alternatives sure there is ethw but the earnings are not the same
jr. member
Activity: 309
Merit: 2
November 23, 2022, 03:25:41 PM
#3
who will it be,ETC,ERGO,RVN or ETHW as I don't see any other alternative except this ones.

Kaspa.
jr. member
Activity: 238
Merit: 3
November 23, 2022, 02:17:17 PM
#2
usuly in POS you got rewards every transcation your node confirmed. this is strange and I would not like it.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
November 23, 2022, 11:46:37 AM
#1
Today I was scrolling the internet when I read an article about how bad the management of Ethereum Foundation is,they said that at first the people who would stake 32 ETH who would act as validators for the transactions they would get the rewards for doing such verification once every 6 months,then they said it would be about 6 months to 1 year and lately they said that these people who staked ETH will not get rewards before 2024 by validating transactions and nor can they withdraw their ETH or anything.

Does this not show a complete failure of PoS against PoW?What about the next ETH,who will it be,ETC,ERGO,RVN or ETHW as I don't see any other alternative except this ones.Nevertheless mining is much better than staking as we are seeing with Ethereum and the bullshit of saving energy is just that bullshit,PoW is and will always be the winner between these two protocols.
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