.Citi says ethereum's move to proof-of-stake (PoS) will turn ether (ETH) into a yield-bearing asset with cash flows. By willcanny99
Will Canny is CoinDesk's finance reporter.
These include lower energy intensity, the transition into a deflationary asset and a “potential roadmap to a more scalable future through sharding,” the bank said., the first of five planned upgrades for the network, may only increase transaction speeds by 10% by reducing block times, according to the report.
Citi says switching from PoW will reduce overall issuance by 4.2% a year, and with ether eventually becoming deflationary, this may improve the case for the token as a store of value.
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