Altcoins News
By Dan Saada
1 / 11
Ethereum (ETH) PoS Return
2 / 11
Vitalik Buterin, Ethereum founder, working towards ETH success story, is not shaken by trolls, because he is resilient and knows where and how the ETH blockchain is heading to.
3 / 11
Vitalik.Eth tweeted: “Mini tweet storm: why I don't believe the most recent "PoS won't work because staking will get outcompeted by lending" hype and you shouldn't either.
4 / 11
In the years to come, Buterin states that some form of (secure, decentralized, robust) proof-of-unique-human is going to be a very valuable primitive for applications in the…
5 / 11
When talking about privacy one of the twitter enthusiasts clarified that when it comes to establishing an identity system, the goal would be to make it easy for people to get one…
6 / 11
Of note in the past, Buterin had stated, "identities is both impossible and potentially harmful even if we do succeed."
7 / 11
So, all of these discussions are rocking the blockchain industry in the process of making the best out of contact tracing apps during the Covid crisis.
8 / 11
Sydney Ifergan, the Crypto Expert, tweeted, "Tracy App an Open-Source App built on Ethereum Blockchain and IPFS-based MoiBit helps trace location history in an anonymous way,…
9 / 11
A reply to the Vitalik tweet on PoS in the thread trends stating that only stable coins are in demand in the lending markets.
10 / 11
Somebody else elaborated on the thread, stating that PoS will likely create a demand to borrow ETH, which presently does not exist.
11 / 11
In short, delegation is considered to be an encumbered loan.
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