Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on crypto Twitter earlier on Sept. 12, after he claimed that a proof-of-stake (PoS) based yield reward system for staking is more of a penalty for non-stakers.
Wertheimer who is a well-known Ethereum critic believes that the PoS staking reward system isn’t exactly a yield reward. In PoS staking, a user cannot do anything with their staked ETH, while those who don’t stake their tokens and participate in other network activities aren’t rewarded.
With Ethereum Merge just a couple of days away, the sly on the PoS system didn’t really go down well with the Ethereum community including co-founder Vitalik Buterin.
Buterin responded to Wertheimer’s criticism by claiming that Bitcoin mining is not much different from