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Ethereum critics

Ethereum co-founder responds to PoS critics amid upcoming Merge

While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum.  In a tweet, Bitcoiner Nick Payton called out “Proof-of-Stakers” and argued that voting to change the properties on PoS platforms proves that the PoS assets are securities.  Dear Proof of Stakers, The fact that you can vote on something to change its properties is proof that it’s a security. Love, Bitcoin — Nick (@NickDPayton) July 11, 2022 Buterin  responded to the post, describing Payton’s notions as an “unmitigated bare-faced lie.” According to the Ethereum Buterin...