Why is ProgPow so contentious?
DeFi composability could prevent a chain split
Nobody is making a strong case why we *need* ProgPoW.
I get that some people *want* it but it's not worth the goddamn chain split risk, ok?
👏 DeFi can't afford a contentious chain split. 👏
Nearly $1b is at stake here.
Can we stop f**king around with this now? Please?
— Chris Blec (@ChrisBlec) February 26, 2020
Ethereum is maturing as an ecosystem, but governance—not so much
If they proposed it two years ago, I'd be for it.
At this point, let's just get to ETH 2 without wasting time on detours.
But that's personal opinion; the @compoundfinance protocol should work fine regardless of what happens or how the chain forks.
— 🤖 Leshner (@rleshner) February 25, 2020
Since Compound is going to implement voter delegation on their governance process, I delegate all my ProgPow takes to them and the MKR, BAT, TUSD and USDC (and etc) governance. Whatever they decide to unanimously support I, will be behind.
— Alex Van de Sande (avsa.eth) (@avsa) February 27, 2020
Guess who has a final say in contentious hardforks like progpow? MakerDAO, Compound and Synthetix. The main chain is that where are the largest DeFi projects are. Ethereum forks without DeFi products doesn't make sense.
— defiprime (@defiprime) February 24, 2020