Does the community hope that Ethereum will be revised back to PoW? Vitalik: Proof of work is also centralized

Serotonin CEO Amanda stated on Twitter that in fact, privately, members of the Ethereum community hope that Ethereum will maintain the proof of work mechanism (Proof of Work, PoW), which attracted Vitalik's attention and responded to the objection that "proof of work is more centralized" .

What are the advantages of the PoW mechanism?

Amanda said that in fact, many members of the Ethereum community have privately expressed the hope that Ethereum will stick to using PoW instead of transitioning to Proof of Stake (PoS). The main reasons are as follows:

• Centralization risk: PoS mechanism verification is more centralized.
• Balance of power: It turns out that three groups of stakeholders check and balance each other, while PoS removes miners.
• Real World Relevance: Factoring Energy Prices into Mining

However, many people believe that there are not so-called "many" Ethereum members talking about this matter. Perhaps it is just Amanda expressing her own opinions, but Vitalik's reply was fished out.

Vitalik countered and said that PoW is also centralized

Regarding the first point, Vitalik said that the PoW mechanism is also quite centralized and released the past Ethereum computing power distribution map, but it has not been talked about much because everyone knows that it is just a transitional stage before PoS.

Regarding the third point, Vitalik said that PoS does not need to care about how to avoid using ASIC mining machines for mining. Author's note: There will be no issue of energy waste.

As for the issue of balance of power, although Vitalik did not respond directly, in fact, the recent development direction of Ethereum has already had corresponding supporting measures.

Recommended reading: ETHTaipei｜The next step in the Ethereum Cancun upgrade: PBS, Verkle Trees reduce the problem of validator centralization
Reason for recommendation: This article shows that Ethereum does face serious validator centralization problems, but the Ethereum community has already been preparing countermeasures, including Verkle Trees, PBS, DVT, and rainbow staking, which are currently more mainstream potential solutions.