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RE: More money for the early visionaries: why the ETH chain is so successful? - revisiting Why Consensus

in #ethereum8 years ago

It is looking like it will be around next year. There will be some hybrid implementations with POW/POS and a trial phase. I expect this to take longer than the time they have slated.

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I would believe that, because based on various sources that I have been reading, they had suggested that by February (some sources suggested March) this year, POS would have been implemented - but then the proposed date has been pushed time and time again. Do you think that ETH will be able to hold the strong value it currently has, regardless of it about to go POS?

Well I think the long term value of ETH is going to have to come from the applications finding utility in the state progression rules of the Ethereum Public chain.