There are a selection of comparatively small elements of this video which can be improper. Out of all of them, claiming that Ethereum rivals had something to do with the suite of upgrades is the one I’ve probably the most subject with.
Ethereum migrating to Proof of Stake has been a probable state of affairs because the whitepaper:
“Notice that sooner or later, it’s doubtless that Ethereum will swap to a proof-of-stake mannequin for safety, decreasing the issuance requirement to someplace between zero and 0.05X per 12 months”
It isn’t as if in 2017 the EF was getting frightened in regards to the rise of EOS nor are they frightened in the present day about different “ETH-Killers”, that may be a merchants mindset. From all of the ACD’s I’ve watched, not as soon as can I recall one other chain being talked about on this method. What has been mentioned time and again is absolutely the necessity to get Proof of Stake out because of the environmental influence
With that stated, I do very a lot respect the brief dialogue in regards to the complexity of this variation, the potential influence of failure, and thus why it has taken for much longer than anticipated.