John Adler said Proof‑of‑Governance would eliminate staking and liquid staking tokens

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On Sunday, John Alder, one of the network’s co-founders, proposed scrapping its Proof of Stake consensus mechanism and replacing it with a new, experimental system called Proof of Governance. Doing so will reduce issuance of Celestia’s TIA token by a factor of 20, maintain the blockchain’s existing security, and do away with the need for complicated liquid staking tokens, he said in a post on the Celestia governance forum.
Elsewhere, John Adler, another Celestia co-founder, attempted to address concerns through onchain governance. Adler proposed swapping the network’s proof-of-stake model for an experimental proof-of-governance consensus. The new mechanism would slash new-token issuance by a factor of 20 and ditch complex liquid staking tokens.

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