Why I’m so “against” Ethereum
&gt; state channels (ETH’s version of Lightning), but it is unclear whether main-chain issued ERC20 type tokens will be portable to this environment.<p>The Raiden project is the closest thing to Lightning, was recently deployed to the main chain, and explicitly supports any ERC20 token.<p>The article says Plasma is dead because...Peter Todd, a Bitcoin dev, claims they had a similar idea and rejected it? Meanwhile, on Ethereum a bunch of teams are actively working on it and the Loom project has a version up and running.<p>The article asks why if proof of stake is so great, didn&#x27;t Ethereum just start with that? Because proof of stake had widely-recognized security flaws (like &quot;nothing-at-stake&quot;), and it took years of research to fix them all.<p>The entire article is of similar quality.