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Ethereum’s PoS Move Criticized—Did It Cost the Market $1 Trillion?

  • Ethereum's transition to Proof-of-Stake (PoS) is being questioned for its value proposition.
  • The shift from Proof-of-Work (PoW) may have cost the network an estimated $1 trillion in value.
  • Meltem Demirors, Chief Strategy Officer of CoinShares, believes PoS weakened the Ethereum network and resulted in a missed growth opportunity.
  • Concerns have also been raised about Ethereum's economic viability and its long-term appeal as a store of value.

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