The Sun up potential of Eth 2.0 Consensus Layer has been best explained as the birth of the staking industry.

Vance Spencer Shared: ETH 2.0 will be the birth of an industry the staking industry where you earn property that is untaxable at receipt unless you sell run do not walk.

And about the recent name change Ethereum community feel that they just changed the name from ETH 2.0 to “Consensus Layer” probably to make it seem less like a current security.

The investor community expect that Ethereum will allow for the hedging of lot of products. Some believe there should be some incentive to transfer capital to higher yields. These are all stuff that we have not heard of before; however, just looks like there are the expectations.

Looking at the discussion about staking some of the Ethereum, community members feel that Tezos already did make the untaxable stake possible.  While others have to state that Cardano has been doing the staking thing for quite a while for a much cheaper rate.

“FYI, the case you base “untaxable at receipt” on is about TEZOS staking rewards The network has a pretty established staking industry already I’m happy to see Ethereum follow soon.”

However, ETH advocates believe that just because something is cheap does not mean it is better.  They are probably trying to defend their “gas fee thing.”

However, about Ethereum taking to the PoS thing it is being ridiculed by the members in the cryptocurrency space.

Pretty sure Ethereum is copying basically where most of the industry is already at, ie., they’re like 9000th in terms of staking timewise, and that’s only if it becomes fully live and integrated by 2026 which is doubtful. Also, won’t cure gas.  Also staking on ETH is a kafkaesque mess.

While some community members are confident that all notable NFTs, DeFi and large companies are on Ethereum.   Ethereum PoS chain has been running for over a year with billions locked.  There are others who state that, Ethereum is not a viable long-term business model based on tech limitations and gas.  They say even with the MERGE, it will not be enough. And, many feel ETH is not even close to the first PoS network.

The world continues to be innovating.  It is up to the ETH developer team on how they will grab opportunities.

Summarily, they have to say ETH is late in the race with PoS and there are also mentions on how many people are not confident about the security that PoS can facilitate.