Blockchain

Story: Ethereum (ETH) Community Hails Proof of Stake to Prevent Attack without Recourse

By Maheen Hernandez

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Ethereum (ETH) and Proof of Stake

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Vitalik Buterin congratulated the entire Ethereum community on the launch.  Buterin further stated, Normal people: we should really put something profound in the first block…

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The thoughts on ETH this next year 2021 is becoming virally positive.  The community is hoping to see a pump.

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What has happened now is a great technological development.  Users hope that all will go fine until the end.

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In this regard, Sydney Ifergan, the crypto expert stated, “Timing is everything.  Hopefully this launch will be the start of everything coming on time from Ethereum (ETH)…

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A poetic response from one of the commentators:  In the beginning, Devs created Eth 2.0.

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Some updates on decentralization stats since a week ago: * Participant count over 3k * Nakamoto coefficient up from 25 to 34 * Herfindahl score down from 0.0164 to 0.

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Vitalik also opined when talking about cryptocurrency it's usually best to ban the use of the word "money" from the discussion and talk about its properties directly.

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Eric Conner, Fan of Ethereum and Defi, expressed that one of the things that originally attracted me to Ethereum were Vitalik Buterin’s blog posts on Proof of Stake.

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Also stated, the takers are the users, developers and investors. Further stated, It's very fun right now to be talking to countless people who are putting final touches on their…

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It is widely accepted that Ethereum's PoS had much stronger properties than most existing schemes.

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Vitalik is very confident when he says, Next time you fork, use proof of stake, so you cannot be attacked non-stop with no recourse.

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