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RE: Ethereum Merge From the Perspective of Someone Vaguely Interested in Ethereum

in LeoFinance3 years ago

I don't think PoS will be good for ETH because people flocked over there due to all the mining. Without all these miners, will the network even be able to stand up to the traffic? There is also the issue of PoS because Wall Street could control a large amount of the ETH and take control.

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Without all these miners, will the network even be able to stand up to the traffic?

That's an interesting question. Technically, there could be many more block producers than they were when Ethereum was PoW and it had miners. But that will be interesting to watch from the scalability POV. They say it's better for scalability perspectives. We'll see.