First, about Ethereum. The transition to Proof-of-Stake was one of the greatest tragedies that could happen to the network, which is now monopolized by half a dozen billionaires subject to government actions of censorship and repression, and the greatest proof of this is the increase in the rate of OFAC blocks on the network from less than 10% to up to 73% since "The Merge". You may even disagree with me, but the numbers just show that the US Federal Revenue was the main beneficiary of "The Merge". It is important for Hive to look for ways to reduce centralization while maintaining Proof of Stake so as not to run the risk of, in the future, end up suffering from the eyes of the "great eye of Sauron" on people's finances.
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Second, Bitcoin and cryptocurrencies as a whole have suffered from a smear lawsuit over the years for allegedly being more polluting than traditional banking. This is partially true, because, firstly, despite spending proportionally more electricity, cryptos remove the need to have a centralized entity to issue currency and to carry out tasks related to finance in general (such as lending and exchanging currencies). , which increases the freedom and transparency of the banking system as a whole, and secondly, the traditional banking system uses twice as much electricity as the Bitcoin network as a whole and allows all kinds of illegitimate transactions and donation schemes of "ghost money" with fractional reserves and loans under loans.
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