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253 sats \ 1 reply \ @takaponka 16 Aug 2022 \ on: Operation Tornado Dust 🌪️ 💸 🔒 bitcoin
What amazes me is that the code to unstake just doesn't exist yet. They will fork for sure. Imo "ETH" will be the OFAC compliant because all the big stakers will go full regulatory, in their own interest. Which way the market will go ?
La suite au prochain épisode.
This is a complete shitshow, popcorn time coming
And even when withdrawals are eventually enabled, they are planned to be rate limited where early depositors get priority (last I checked). Shitshow indeed.
I don't know what the responsible thing to do at this stage would be. I'd like to say they should postpone the merge, which isn't so crazy given that Ethereum is thriving on PoW (with a higher fee market than Bitcoin even), and the things enabled by PoS like sharding are years away anyway.
But then you have the billions locked up in that deposit contract that investors are eager to claw back. And if it isn't ready now, after years of delays, when will it ever be?
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