Morgan Stanley: Moving to PoS won't solve Ethereum’s scaling problems

If Ethereum moves to a proof-of-stake (PoS) method of maintaining its network, as planned, it will remove the need for miners, slow demand for graphics processing units (GPUs) and dramatically reduce energy requirements, Morgan Stanley said in a report Monday.

Ethereum developers are hoping that the Merge will happen by September and potentially as early as August, but given previous delays, it wouldn't be surprising if the move from proof-of-work were pushed out to early next year, the report said.

Source: https://www.coindesk.com/business/2022/06/27/morgan-stanley-gpu-demand-likely-to-slow-if-ethereum-moves-to-proof-of-stake/

A report by Morgan Stanley says the Ethereum transition to proof-of-stake will not solve scaling problems.

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