Ethereum will use around 99.95% less energy post merge
Paxos <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Paxos" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Paxos</a> has existed for more than 30 years.  If it were easy or simple to issue a money with distributed signing, it&#x27;d have been done before Bitcoin&#x27;s PoW&lt;-&gt;Difficulty Adjustment&lt;-&gt;Fixed Money Issuance novel art was published.<p>Ethereum has been &quot;about to release PoS&quot; for almost 6 years now and all of the initial critiques (By issuing X units of value, you incentivize ~&lt;X units of energy to be expended)
Summarized here:
<a href="https:&#x2F;&#x2F;www.truthcoin.info&#x2F;blog&#x2F;pow-cheapest&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.truthcoin.info&#x2F;blog&#x2F;pow-cheapest&#x2F;</a><p>If the curious reader is interested in reading more about the scope of fraud that the ethereum protocol has fueled read the post here:
<a href="https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20201214170136if_&#x2F;https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;ethereumfraud&#x2F;comments&#x2F;6bgvqv&#x2F;faq_what_exactly_is_the_fraud_in_ethereum&#x2F;" rel="nofollow">https:&#x2F;&#x2F;web.archive.org&#x2F;web&#x2F;20201214170136if_&#x2F;https:&#x2F;&#x2F;www.re...</a><p>Why link to the archive.org copy and not the original? Ethereum people got mod access to the subreddit and deleted everything pointing out the fraud.