Mining pool since 2016.
Joined January 2018
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"Ethereum’s Design Choices Are Inherently Political"
@nic_carter: "EIP 1559 may well have been sound engineering .... However, its largely unacknowledged externality – the redistribution of fees from miners to token holders – is troublesome."
Opinion.
trib.al/uIN2mF2
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23 Aug 2021
More people will realize that POW is much better than POS.
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21 Jun 2021
This is a bug, not feature.
21 Jun 2021
This just isn't the case with Proof of Stake currencies. The selling pressure behind a system such as Avalanche comes solely from the folks who made a lot of money and want to liquidate. It isn't constant, it isn't an inherent part of the protocol's operation.
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21 Jun 2021
This is a feature, not bug.
21 Jun 2021
As a result, there's constant downward selling pressure on PoW coins such as Bitcoin and Ethereum.
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21 Jun 2021
PoW for Layer1. PoS for Layer2.
Proof-of-work is absolute truth, proof-of-stake is relative truth. Both have their role. But for the most important transactions it's better to produce more clean energy than to give up on the undeletable history that accumulated work provides.
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2 Jun 2021
Vitalik don’t think so: vitalik.ca/general/2020/11/0…
1 Jun 2021
#Ethereum is currently the most secure blockchain in the world
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SparkPool retweeted
21 May 2021
The other worrying thing about this is that without privacy MEV searchers will prefer sending their transactions to large pools who are less likely to frontrun them. That could give large pools more revenue than smaller pools and drive more centralization.
21 May 2021
1/ ETH2 pos launched on 2020-12-01. After 6 months, Top5 ETH2 staking pools have 33.94% share now. In addition, Coinbase will launch its staking pool soon. Do you think it will have a smaller share than Kraken? How about six years later?
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21 May 2021
1/ ETH2 pos launched on 2020-12-01. After 6 months, Top5 ETH2 staking pools have 33.94% share now. In addition, Coinbase will launch its staking pool soon. Do you think it will have a smaller share than Kraken? How about six years later?
21 May 2021
Also, the top 5 validators only comprising 20-25% of stake is damn good. What percentage of mining power do the top 5 Bitcoin or Ethereum mining pools make up?
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21 May 2021
6/ So you can’t say pow is more centralized than pos. Staking pool has more power than mining pool. Maybe we should call them staking farm, not staking pool, since participators can’t leave freely.
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21 May 2021
7/ BTW there are more than 500,000 miners are mining ether in the world now.
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