Ethereum co-founder responds to PoS critics amid upcoming Merge - BitcoinEthereumNews.com
While some believe that Ethereums upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others are taking this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum. In a tweet, Bitcoiner Nick Payton tinatawag na out “Proof of Stakers” and argued that voting to change the properties on PoS platforms proves that PoS assets are securities. Dear Proof of Stakers, The fact that you can vote on something to change its properties is proof that its a security. Buterin tumugon to the post, describing Payton‘s notions as an “unmitigated bare-faced lie.” According to Buterin, PoS does not include voting on protocol parameters, just like patunay-ng-trabaho (PoW) doesn’t. Buterin also explained that nodes reject invalid blocks in both PoS and PoW. Last week, author Jimmy Song also dumating after PoS, questioning the decentralization of the consensus mechanism. According to Song, the mechanism doesn‘t solve the Byzantine generals problem. Buterin called out Song’s notions in a tweet: Fellow Ethereum founder and PoS proponent Charles Hoskinson also nagbigay his take, saying that the “level of stupid” in Songs tweet is “beyond explanation.” Nauugnay: BTC bull Michael Saylor: Ang Ethereum ay malinaw na isang seguridad Meanwhile, Vivek Raman, a