this post was submitted on 09 Feb 2024
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[–] [email protected] 1 points 10 months ago (1 children)

I went Googling for sources, and what I found says the opposite. Ethereum was becoming increasingly centralized under PoW but after the switch to PoS it became significantly more decentralized.

in order to stake to a pool, you need to lock your tokens away, making them impossible to spend for a specified time period.

This is exactly the point of proof-of-stake. You can't prove you've staked some coins if you don't actually stake them. If you've retained control over your tokens then they're not staked. I'm not sure how you think it could work otherwise.

most of the criticisms I have of ETH are more damming of the way they went about the transition between two radically different consensus algorithms than about Proof of Stake itself.

The transition from proof-of-work to proof-of-stake has been on Ethereum's roadmap since the beginning. It was rolled out in stages over the course of years. What was "damning" about the transition?