> There was only ever going to be one PoW chain that dominates the world.
Only because there is only one chip that can be produced in mass, asic's.
> Ethereum abandoning it
Ethereum didn't abandon it, it was part of the plan all along. Bootstrap on PoW, move to PoS. I agree with you about immutability, but that is going to be an issue moving forward, as I believe strongly that human nature favors utility.
Only because there is only one chip that can be produced in mass, asic's.
> Ethereum abandoning it
Ethereum didn't abandon it, it was part of the plan all along. Bootstrap on PoW, move to PoS. I agree with you about immutability, but that is going to be an issue moving forward, as I believe strongly that human nature favors utility.