As a crypto-skeptic, I'm following the merge with interest.

On one hand, shifting from PoW to PoS really feels like "so far lighting up a cigarette required burning a whole tree, now we've figured out that these things called lighters are a bit more efficient".

On the other hand, the high initial stake required in order to make cheating financially inconvenient will just make the network more and more centralized - and only those who already have a lot of money can afford to be part of it. So much for the dream of decentralization.

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