Chain Reaction cover image

The Merge and its meaning for ETH and beyond

Chain Reaction

00:00

Coinbase and Proof of Work

Vitalik: There's no simple answer here, right? With proof of work, the mining equipment is super expensive. So that's a big barrier to entry. And in this case, staking pools have formed because people have other barriers to entry if they want to be individual validators. But I did think it was interesting that Brian Armstrong was sort of adamantly defending the fact that he would try to keep Ethereum decentralized.

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