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Cryptocurrency News

Ethereum co-founder responds to PoS critics amid upcoming Merge

07/13/2022

Less than a minute

2022.07.13 06:25

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 (NYSE:TWTR), 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.

07/13/2022

Less than a minute