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Ethereum's Casper https://github.com/ethereum/research/blob/master/casper4/papers/casper_economics_basic.pdf https://github.com/ethereum/research/blob/master/c
by aakilfernandes 9y ago
Ethereum's Casper
https://github.com/ethereum/research/blob/master/casper4/papers/casper_economics_basic.pdf https://github.com/ethereum/research/blob/master/casper4/pap...
It aims for more economically secure public blockchains with shorter confirmation times and less cost (electricity/hardware/inflation). I haven't delved deep enough into it to be fully convinced, but what I've gotten through so far is promising. AFAIK its the only proof of stake algorithm thats been formally documented.
- splintercell 9y agoFor me it is Raiden, I believe Ethereum should be able to beat Bitcoin in their lightening network implementation, and for the cryptocurrency of future, Raiden is very important for Ethereum. PS: So you don't support Ethereum Classic anymore?
- aakilfernandes 9y agoI prefer the laissez-faire philosophy of classic, but the innovation is happening on the main chain.
- Rmilb 9y agoI don't know much about Raiden, is there anything preventing a side chain of bitcoin from implementing it?
- ringaroundthetx 9y agoBitcoin-style blockchains have Lightning, same thing
- deleted 9y ago[deleted]
- ringaroundthetx 9y agoAlso more excited about Raiden. Sad there isn't much more information about it. From my understanding, the thing I like about payment channels is that the capacity of the payment channel depends on how much of the cryptocurrency is deposited/locked away under it. So with everyone competing for a payment channel toll, they have taken large amounts of crypto off the market, constricting the supply, while distributing the marketing out for their own use case, some of which will be successful at increasing the demand. Any limited supply commodity performs the same under these circumstances, up, and that is exciting because the capacity can also scale for the new attention, while the "centralized" payment channels stay optional ways to transact on the network at all.
- evanvanness 9y agoFYI you can go use working state channels right now at https://showcase.funfair.io/ https://showcase.funfair.io/