The Ethereum system upgrade known as the Merge was executed about two weeks ago. And while things have been running smoothly, not everyone is impressed by the upgrade.
Cardano founder and CEO Charles Hoskinson is among them, telling TechCrunch he didn’t expect Ethereum’s design of Proof-of-Stake (PoS) to be “as rough as it is.”
Prior to the Merge, some crypto community members raised concerns about the PoS method, noting it felt more centralized than decentralized given that four major crypto entities control over half of all staked ETH.
“About 42% of the blocks after the Merge are held by two
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Cardano founder claims Ethereum community in for a ‘rough time’ following the Merge
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