Ben Edgington is the Lead Product Owner at ConsenSys which works on the Ethereum and Quorum blockchains. Ben breaks down Ethereum’s move from proof of work to proof of stake, the upcoming merge, staking Eth, institutional adoption of Eth, NFTs on Ethereum, crypto regulations, and much more. hhttps://consensys.net/merge/, https://twitter.com/ConsenSys/
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⏰ Time Stamps ⏰
00:00 Intro
02:02 Ben’s background & crypto portfolio
05:14 Overview of ConsenSys
07:48 Ethereum & Quorum
18:24 What will Ethereum miners do
20:00 Ethereum gas fees and scalability with the move to PoS
24:00 Ethereum staking rewards
29:47 Institutional adoption of Ethereum
33:26 NFTs on Ethereum
38:45 CBDCs on Ethereum and Quorum
41:08 Crypto regulations
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Ethereum POW had decentralisation but the merge has made Ethereum centralised. The Merge will make Ethereum have 0/3 of the trilemma ( Security, speed and decentralisation). 4 entities control 60% of Ethereum – 50% attack seems likely on Ethereum 2.0. The fact that you have to give up your Ethereum to these entities to earn yield is stupid ( Bare in mind, not everyone holds 32 Ethereum to run their own node) Not your keys, not your Ethereum. if the 4 entities get hacked, bye bye your Ethereum. On chain staking is better! you keep your coins and keys.
Bitcoin and Litecoin reward halving supply shock on its way, looks like a short squeeeze will soon be in play …🐬…🤾🏼♀️
Litecoin 2023 reward halving closer each second as The Litecoin Summit approaches and MWEB goes live ⚡️🕷 🕸
4:35 his biggest bags are ADA and XRP 😆
Where is the corrupt SEC. If Ethereum is not a Centralized Security then No coin is. Oh! Wait that's right it has regulatory capture thanks to the likes of William Hinman, Jay Clayton, Gary Gensler.
If the gas fee’s doesn’t go down why build on ETH?
Great