The Post Merger Ether Staking Withdrawal Schedule Now Totally Removed from the Foundation's Media
As of November 9, 2022, the annual supply rate of Ethereum fell below the zero mark for the first time and the post-merge adoption of a proof of stake consensus mechanism. [See, e.g. Gola, Y. Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop. (Accessed November 18, 2022)]. This fact would lead most to presume the Ethereum critics should be happy and silent. But friends...such is not the case.
The reason for the instant criticism is succinctly set forth in the following twitter post:
That's right folks. The Ethereum Foundation has wholly and totally removed the 'staking withdrawal schedule' from all of it's social media. I don't know about you, but if I staked my ETH and now had no clue as to when I could unstake it, I'd be pretty pissed too.
"Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a 'non-redeemable' investment" [Reguerra, E. Ether staking withdrawal schedule removal faces harsh criticism. (Accessed November 18, 2022)].
Despite the criticism, there of course are always those who will see things in a different light. The co-founder of ETHhub, Anthony Sassano, downplayed the surfacing criticisms by shifting the blame to Bitcoin maximalists. Sassano maintains that while the maximalists were wrong in that 'the Merge' did take place, they needed something to shift to so they pivoted to maintaining that ETH withdrawals from stake would never happen.
Antiprosynth, an ETH softcore developer, likewise came to Ethereum's defense tweeting that these withdrawals never actually had a hard deadline for availability.
Then in a follow-up tweet, Antiprosynth basically answered the naysayers by highlighting the growth in market dominance of Ethereum juxtaposed to the decline in market dominance of Bitcoin.
This is an unfortunate situation, that will only be settled by the passage of time and the Foundations approval for withdrawal of the staked ETH given - for everyone's sake a swift resolution of this controversy is warranted.
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