Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘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 ( $2,245.28 ) killers,’ which favor scalability over decentralization, cheap blockspace is a commodity whereas decentralized blockspace is a scarce resource.”