Cardano founder IOHK_Charles likens ethereum after the Merge to “Hotel California”, here’s why. hotelcalifornia
Running for the door"We are programmed to receiveHowever, in the comment thread, a Twitter user @StakeWithPride shared screenshots from Discord, saying that there is no ETA for ETH withdrawals and they are not scheduled for Shanghai.
On these screenshots, Micah Zoltu, founder of Serv.eth Support, says that the information about withdrawals opening only after the Shanghai upgrade comes from exchanges. However, he does admit that they believe allowing investors “to withdraw in 2023, rather than in 2024” to be so important at this stage.“Ethereum stakers are rich, Cardano’s don’t have to be”
Earlier, @StakeWithPride shared another screenshot from a conversation with Zoltu, where the latter explained that since Ethereum stakers are wealthy and can afford to buy expensive specialized hardware, they do not need to withdraw their ETH right away and can wait until later. Thus “needs of users” are getting prioritized over the needs of stakers here.
On that, Hoskinson said that those who stake on Cardano’s PoS protocol are ordinary people, who do not have to be wealthy to participate in Cardano staking. He emphasized that here lies the important difference between Ethereum and Cardano. Stakers on Cardano are everyday people who don't need to be wealthy. I guess that's the philosophical difference
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