#Akasha beta is smooth, slick, beautiful :)
The main reason why PoS is seen as a necessary development is, of course, the need to reduce the energy requirements of PoW blockchains like the current versions of Ethereum and Bitcoin. A recent report claims that Bitcoin mining consumes as much power in a year as 159 countries, which is clearly far too much, and Buterin admitted that today’s Ethereum isn’t any better than Bitcoin in that respect.
Today marks the 927th day A.E. also known on planet Earth as 2 years, 6 months and 12 days After Ethereum. Five million blocks after its Genesis, the Ethereum ecosystem evolved into a planetary Community with hundreds of thousands of people connected by a constellation of projects and teams working on their dreams. It makes you wonder where the next 5 million blocks will take us.
It is still early, but the network effects can be felt already.
It’s no coincidence that Ethereum is the world’s first blockchain smashing through the 1 million transactions per day milestone, securing in the process more transactions than all the other blockchains combined. Moreover, when we look at the bigger Ethereum 2.0 picture we can expect continuous, accelerated growth towards infinity. Or the singularity.
Who knows? :)
Leslie Miley, an engineer who worked on security and user safety at Twitter before leaving in late 2015, said, “Twitter as a social network was designed with almost no accountability.” https:/