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I read the Bitcoin whitepaper+some other technical document (I think) and have a real solid grasp on how that works. Ethereum, although I have used defi/erc20/u
by boppo1 4y ago
I read the Bitcoin whitepaper+some other technical document (I think) and have a real solid grasp on how that works. Ethereum, although I have used defi/erc20/uniswap/etc, I've got no idea how it works. Validators, shards, miners... is there a single source I can go to to learn it all? I've got a pretty high technical threshold so if it gets mathy I'm not intimidated. I just want to finally know how it works.
- mattdesl 4y agoThere are many parts to Ethereum and it’s PoS system so I don’t think you will be able to grasp it all in a short read. This is a good start: https://eth2.incessant.ink/book/00__introduction/00__foreword.html https://eth2.incessant.ink/book/00__introduction/00__forewor...
- randomsearch 4y agoThat scares me. I’d want it to be a system so simple anyone could grasp the fundamentals very quickly. Reason being, it’s so important and complexity breeds oversights and bugs. Security is hard.
- mattdesl 4y agoMost things in society start out simple and grow more complex as we add more speed, security, applications, and so on. See also: medicine, science, flight, computers, the internet. Bitcoin is a very simple system and very limited in its capabilities, but as far as modern blockchains go it is like the early room-size computers, Ford Model T, or Wright Flyer.
- deleted 4y ago[deleted]
- DennisP 4y agoIf you really want to dig in, here are the key papers on the PoS algorithm: https://arxiv.org/abs/1710.09437 https://arxiv.org/abs/1710.09437 https://arxiv.org/abs/2003.03052 https://arxiv.org/abs/2003.03052 To learn about the sharding plan and various other stuff in the roadmap, this is a great technical overview: https://members.delphidigital.io/reports/the-hitchhikers-guide-to-ethereum https://members.delphidigital.io/reports/the-hitchhikers-gui...
- asteroidb612 4y agoThis is a recent guide that attempts to cover everything in depth: https://members.delphidigital.io/reports/the-hitchhikers-guide-to-ethereum/ https://members.delphidigital.io/reports/the-hitchhikers-gui...
- thematrixturtle 4y agoHere's the first paragraph of actual content: Hopefully you’ve heard by now that Ethereum has pivoted to a rollup-centric roadmap. No more execution shards – Ethereum will instead optimize for data-hungry rollups. This is achieved via data sharding (Ethereum’s plan, kind of) or big blocks (Celestia’s plan). I've been following crypto for years and could probably explain Bitcoin in a pinch, but I'll cheerfully admit I have no clue what that means.