3 ms·
Etherum will be PoS in like 2 years.
by hrvTGKFyDyko3aK 6y ago
Etherum will be PoS in like 2 years.
- AnIdiotOnTheNet 6y agoJust in time for fusion power.
- DennisP 6y agoFwiw the PoS network is already running, with $6 billion staked and 100,000 validators. Migrating the rest of the network is relatively simple, they're just being really careful with it.
- altspace 6y agoCurious how that works? Parallel blockchain? But how do you “migrate”? Incremental migration?
- DennisP 6y agoYep it's another blockchain running in parallel, called the "beacon chain." Anyone can deposit ETH in a particular contract on the main chain, and the beacon chain will read that and credit them ETH on the beacon chain. The quickest migration is basically to upgrade both clients to talk to each other, and for the old client, instead of choosing blocks with the highest hashpower, choose blocks whose hashes are chosen by the beacon chain. Details here: https://notes.ethereum.org/@vbuterin/B1mUf6DXO https://notes.ethereum.org/@vbuterin/B1mUf6DXO The next step is a more integrated system, described here: https://ethresear.ch/t/executable-beacon-chain/8271 https://ethresear.ch/t/executable-beacon-chain/8271
- altspace 6y agoThanks for the description and links. It’s a neat approach
- deleted 6y ago[deleted]
- UncleOxidant 6y agoSeems like I heard this 2 years ago.