- Oct 14, 2003
That might be true, but we're still, long, long ways away from any sort of PoS happening. I'm running the node for testnet right now, and if that goes ok, then Phase 0 comes. Yes you can stake but once you convert Eth1 to Eth2, you won't be able to pull your Ethereum out until late 2021(maybe even 2022).Ethereum is planning to launch staking on the mainnet in a month unless any new critical bugs arise on the testnet. Imminent staking for passive income is providing a lot of upward price pressure right now.
There are going to be something like six phases. Full transition doesn't happen until after that, which I suspect won't happen before 2024 assuming things go smoothly. Meaning PoW in some form will exist until then.
Revolution never happens as a jump. It's steady like everything else.