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Ether staking withdrawal schedule removal faces harsh criticism

Published 11/17/2022, 02:53 AM
Updated 11/17/2022, 05:00 AM
Ether staking withdrawal schedule removal faces harsh criticism

Days after Ethereum turns deflationary for the first time since shifting to proof-of-stake (PoS), critics have started to highlight the Ethereum Foundation’s removal of Ether (ETH) staking’s withdrawal schedule on social media.

A crypto community member pointed out how Ethereum developers, leaders and influencers mentioned that ETH staking withdrawals might be opened six months after the Merge. After this, the estimated time for the unlock was moved to 6-12 months. Furthermore, the Twitter user highlighted that the schedule was revised into an estimated 2023 to 2024 before finally being removed entirely.

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