We have learnt a bit about that recently, haven’t we? Slippery slope, may end badly after 18 months or so.
Which aspect of Nu decision making process or episode are you thinking of ?
Relying on a lead architect to make the decisions to sort it out. I think Vitalek is in the same position and he’d better tread very carefully. Nu has the advantage to raise a motion and have Shareholder vote whether they want a fork or not and proof of stake allows minters to vote again. Not possible with ETH proof-of-stake. Vitalek knows that proof-of-stake is the better model, but he just can’t convince the hard core PoW supporters. It will happen eventually I believe.
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Agreed but the thing with ethereum pos if it gets there is that it would have the same issue as peercoin. You d end up having a stake in something that does not have a motion voting system in place. Pretty much limited.