While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others are taking this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum. 

In a tweet, Bitcoiner Nick Payton called out “Proof of Stakers” and argued that voting to change the properties on PoS platforms proves that PoS assets are securities.

Dear Proof of Stakers,

The fact that you can vote on something to change its properties is proof that it’s a security.

Love, Bitcoin

— Nick (@NickDPayton) July 11, 2022

Buterin responded to the post, describing Payton’s notions as an “unmitigated bare-faced lie.” According to Buterin, PoS does not include voting on protocol parameters, just like proof-of-work (PoW) doesn’t. Buterin also explained that nodes reject invalid blocks in both PoS and PoW.

Last week, author Jimmy Song also came after PoS, questioning the decentralization of the consensus mechanism. According to Song, the mechanism doesn’t solve the Byzantine generals problem. Buterin called out Song’s notions in a tweet:

Pro-tip: if there’s a long-established tradition of people debating A vs B based on deep arguments touching on math, economics and moral philosophy, and you come along saying “B is dumb because of a one-line technicality involving definitions”, you’re probably wrong. https://t.co/22N0OaHyz1

— vitalik.eth (@VitalikButerin) July 3, 2022

Fellow Ethereum founder and PoS proponent Charles Hoskinson also gave his take, saying that the “level of…