Mining

This week on The Defiant Podcast we speak with Ben Edgington, the product owner of Teku, an Ethereum 2.0 client being developed at Consensys.

It’s been a week since Ethereum switched from Proof-of-Work (PoW) to Proof-of-Stake (PoS) and Ben has been heavily involved in the process. We start our conversation by taking a look at the aftermath of the Merge.

One of the biggest criticisms of The Merge was that Ethereum under PoS would become centralized. Proof-of-stake enables individuals to delegate their ETH to entities that stake on their behalf, as running a node might be inconvenient or infeasible. We discuss how roughly half of the staked Ether is held by a handful of validators and what Ben thinks about this.

Finally, Ben shares his thoughts on the future of Ethereum and what comes next, now that the Merge is complete.

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