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Ethereum shift from POW to POS?

This topic contains 1 reply, has 2 voices, and was last updated by  Cuvukay 2 months, 4 weeks ago.

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  • #9016

    Shamim Ahmed
    Participant

    How will Ethereum’s shift from proof-of-work to proof-of-stake effect ETH’s value?

    #9017

    Cuvukay
    Participant

    The proof-of-stake system (POS) that Ethereum is adopting is called Casper.

    Making the switch from POW to POS will help deter a 51% attack, will further decentralization across the entire system, help to level the playing field for miners, and increase community participation.

    While there are still many variables that need to be worked out before this hard fork happens, making the switch to POS is good for Ethereum and will increase the value of ETH.

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