עטהערעום קאָ-גרינדער, וויטאַליק בוטערין, קלאַנגען דערווייַז-פון-סטייק קריטיקס פאָדערן וואָטערס טוישן פּראָטאָקאָל

עטהערעום co-founder Vitalik Buterin lashed out at PoW proponents claiming Ethereum is דערווייַז-פון-פלעקל because of voters changing the protocol.

Buterin challenged a claim by Bitcoiner Nick Payton on Twitter that changes to the Ethereum protocol parameters are determined by אָפּשטימונג, something Buterin claims is untrue for both proof-of-stake and דערווייַז פון אַרבעט blockchains. He also criticized Payton’s grammar in calling the protocol a “security” rather than “secure.” Payton responded sarcastically, asking Buterin how often the protocol will change and how the צונויפגיסן is progressing.

MicroStrategy CEO and bitcoin bull Michael Saylor לעצטנס האט געזאגט that Ethereum is “obviously” a זיכערהייַט. The crux of Saylor’s thesis is the changeability regarding the platform’s upcoming merge. Saylor argues that any change to a currency’s value or issuance pattern means that the coin or token passes the Howey Test and must adhere to securities laws.

Indeed, Buterin himself admitted in a 2014 blog post, announcing the initial token sale of Ethereum, that other consensus strategies could be selected in the future that reduced the issuance rate. Saylor also argues that an initial token sale challenges the notion of decentralization. He said that bitcoin is different because no one wants to change the network’s software.

Changes now handled by Ethereum Improvement Protocols

Significant blockchain software changes affecting the protocol’s rules are called “פאָרקס.” The last הויפּט ענדערונג in Ethereum software occurred when a decentralized application called The דאַו lost $3.6 million in Ether, its native asset. The Ethereum community voted to move funds from the DAO’s smart contract to another contract, allowing victims to recover their money. Some voted against the fork and formed עטהערום קלאַסיק. Since then, the community decided not to intervene lest the decentralization of the protocol comes into question.

Changes to the Ethereum protocol nowadays are governed by Ethereum Improvement Proposals, standards describing new features or processes. A set of guidelines governs them. They are usually drafted by developers responsible for collating and documenting dissenting opinions. Should there be enough dissenting opinions and the lack of a clear benefit to the broader community, proposals are usually scrapped.

Buterin’s work on proof-of-stake אנגעהויבן in 2014 in collaboration with Vlad Zamfir.

Bitcoin author attacks PoS

Payton is not the only one who criticized proof-of-stake. Author of four bitcoin books Jimmy Song ווייד אין, implying that proof-of-stake does not provide decentralized consensus in a tweet criticized both by Buterin and קאַרדינאָ גרינדער טשאַרלעס האָסקינסאָן.

אָפּלייקענונג

אַלע די אינפֿאָרמאַציע קאַנטיינד אויף אונדזער וועבזייטל איז ארויס אין גוטן אמונה און בלויז פֿאַר אַלגעמיינע אינפֿאָרמאַציע צוועקן. קיין אַקציע וואָס די לייענער נעמט אויף די אינפֿאָרמאַציע געפֿונען אויף אונדזער וועבזייטל איז שטרענג אויף זייער אייגן ריזיקירן.