RE: Liquidity Issues: Not Enough Ethereum?
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ETH 2.0, by my understanding, is planning to take the D out of DPoS. No doubt, because they have watched the shit show of the HIVE/STEEM fork and see the error of design in its governance.
ETH 2.0 should have simular network speeds as HIVE and likely lowered gas fees yet without the potential drama and loss of trust which DPOS has suffered in my opinion.
My cryptfolio has some exposure to ETH which was aquired as a long term bet on ETH 2.0.
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Yes, Ethereum 2.o will be PoS chains as it was always going to be.
The main difference between the two consensus mechanisms is that not every stakeholder needs to be a block validator in DPoS unlike in PoS. The flaw in DPoS is the high witness rewards which can lead to the centralization of stake ownership unless they are distributed to a large enough group of people. Work has been done for years to lower the cost of running a witness node on Steem/Hive. It would be cool if the number of consensus witnesses were increased in response but I don't believe that will get done any time soon.
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