ConsenSys' Ben Edgington On The Future Of Ethereum After The Merge
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. 🙏 Thanking our podcast sponsors: 1inch is a DEX aggregator that finds the best rates across multiple networks. Why use a single DEX when you can use them all? Find your best deal at 1inch. ZenGo is a crypto wallet that uses biometric encryption, 3FA authentication and MPC wallet cryptography instead of private keys. ApeX Protocol: Engineered for high-performing precision trades in the decentralized derivatives market. Oasis.app aims to be the most trusted entry point to the Maker Protocol and to DeFi. You can borrow DAI, multiply your exposure and earn. Try it Now!