• Eth is switching to POS, once that happens bitcoin will basically be the only POW crypto, which will obviously never change.

  • Eth is switching to POS

    All eyes on Eth to see how they are going to do it.

    If ETH wants to switch to PoS, they have to stop people mining it. How are they going to do that if they are still making money? If eth switches to PoS, what is stopping the miners continuing to mine and just forking the chain and carrying on as normal? Why would a miner who has spent $250m on mining hardware just suddenly accept that eth is PoS now?

    The same goes for Bitcoin. Bitcoin could change their code to be PoS in a few hours. They'd still need 50%+ of the miners to abandon their multi billion dollar investments and stop mining.

  • Bitcoin has already been forked (lite coin and it has a current value of £143 vs bitcoin £42k)
    Etherium has already been forked in the past (Eth classic £8 vs £1300)

    I think that developers and users will have more of a say in which fork of Eth gets used than miners.

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