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Isn't Ethereum moving to Proof of Stake though?

Yes, but PoS will not solve the problem of gas fees. Gas fees only come down when network capacity is higher than its demand.

Layer-2 systems (which allow some of the operations to happen off-chain) is how Ethereum developers are trying to scale the network capacity.

My worry with Ethereum is that moving to proof of stake changes the project from a decentralized one to something a little less so.

Would you like to check how many people are running ETH2.0 validators [0] vs how many people are running Handshake nodes?

[0]: https://launchpad.ethereum.org/en/

Are you not concerned about the decentralization of Handshake's PoW consensus, considering that it uses a custom hashing algo that seems to be dominated in hardware production by a single company, Goldshell?

I believe you may be missing the forest for the trees by worrying about Ethereum's decentralization when compared to Handshake's.

Reply on news.ycombinator.com