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You're spot on. The ETH fans love to wax poetic about PoS and how it's always around the corner and coming soon. It's been that way for ages.

Lightning Network is similar. It's been perpetually 6 months away for years.

Frankly, I'll be impressed if the current power structure within PoW cryptos doesn't find any way to hamstring PoS, mostly because they have a vested interest in keeping everything the way it is now.



I think the trick for PoS coins has to come from keeping their transactions flowing without censorship. PoS coins feel to me like I can call someone, and they could freeze funds somehow. I cannot prove my suspicion, but PoS coins should trend towards fewer and fewer validators which means fewer and fewer points of failure edit:(or rather, more and more single points of failure).


Eth 2.0 is running right now. It is 100% PoS.


Well, yeah, the Beacon chain is running but shards is not live nor is the docking of Ethereum mainnet and Eth 2.0, so of course people are not really interested in building on it yet, it's barely in production. Once the two chains work together, I'm sure there will be an explosion of activity.

But until then, we can't really say that Ethereum is 100% PoS, although one pre-alpha project is.


I don't see anyone really using it though. That's the thing. Which makes me wonder if it's really ready.




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