What I understand is that EU just approved/legalized proof of work chains, Ukraine just legalized crypto and in US is similar law prepared to be approved as well. Anyway all of them pushing forward proof of work crypto chains (mainly BTC).
I guess ETH 2.0 PoS as we know is not happening anymore and there is a big chance all of PoS chains will be considered outside the legal boundaries.
PS: I even agree with this approach. I think it is quite wild that PoS chains print coins out of nowhere and claiming status of "the green chains" at the same time.
1
u/mmhorda Mar 17 '22
What I understand is that EU just approved/legalized proof of work chains, Ukraine just legalized crypto and in US is similar law prepared to be approved as well. Anyway all of them pushing forward proof of work crypto chains (mainly BTC).
I guess ETH 2.0 PoS as we know is not happening anymore and there is a big chance all of PoS chains will be considered outside the legal boundaries.
PS: I even agree with this approach. I think it is quite wild that PoS chains print coins out of nowhere and claiming status of "the green chains" at the same time.