Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’

Price Discount on 'stETH' Reflects Non-Negligible Doubt on Smooth Ethereum Merge

“In the trilemma of scalability, decentralization and security, we focus on decentralization,” Stefan George, the co-founder and chief technology officer at Gnosis, told CoinDesk. “Contrary to many ‘Ethereum killers,’ which favor scalability over decentralization, cheap blockspace is a commodity whereas decentralized blockspace is a scarce resource.”

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