More / Etherum Reddit - 2 years ago
Vitalik Buterin on Ethereum switch to Proof of Stake
submitted by /u/BlazingHotFireFox [link] [comments]
More / Etherum Reddit - 2 years ago
submitted by /u/BlazingHotFireFox [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/CaffeineParadigm [link] [comments]
More / Etherum Reddit - 2 years ago
I heard that Proof of Stake will only reduce block time by ~1 second to 12s. Why only 1 second? Intuitively, it would seem to me that Proof of Stake (PoS) should be able to drastically reduce block times vs. Proof of Work since it replaces the comput...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
Is Proof of Stake possible with a bitcoin clone? - Bitcoin Stack Exchange Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency enthusiasts. It only ta...
More / Etherum Reddit - 2 years ago
People have been asking me when ETH full switch to Proof of Stake is happening. Can someone please provide me with some insight to this question? submitted by /u/ChinookKing [link] [comments]
Bitcoin News / Bitcoinist - 2 years ago
Popular meme coin Dogecoin is working towards moving to a proof of stake mechanism and it is getting help from some heavy hitters in the industry. The digital asset had grown to a holder base of 4 million holders and an all-time high of $0.8. However...
More / Etherum Reddit - 2 years ago
Hello, I just wanna ask some questions on ethereum proof of stake mechanism. So, I understand that there are validators which validate transactions, and that you need to stake some amount of coin to become validator. More coin you stake, more validat...
More / Etherum Reddit - 2 years ago
submitted by /u/y_angelov [link] [comments]
More / Etherum Reddit - 2 years ago
submitted by /u/BlazingHotFireFox [link] [comments]
More / Etherum Reddit - 2 years ago
submitted by /u/thenewboston [link] [comments]
More / Etherum Reddit - 2 years ago
submitted by /u/MuhammadIsAPDFFile [link] [comments]
More / Etherum Reddit - 2 years ago
It seems to me although I'm still working through this that proof of stake can be abusively used to turn a decentralized system into a centralized one. In essence are you not just paying to be a trusted node in the system. Obviously the higher th...
More / Etherum Reddit - 2 years ago
submitted by /u/Solodeji [link] [comments]
More / Bitcoin Reddit - 2 years ago
submitted by /u/mccormack555 [link] [comments]
More / Etherum Reddit - 2 years ago
Hello guys and gals, I have a question about where exactly the processing power for proof of stake networks comes from. I understand that there is a lot less processing power required for proof of stake systems, however, I understand that it is nonet...
More / Etherum Reddit - 2 years ago
I’m new to crypto and lacking a lot of knowledge. Basically I’m hoping some of you would respond to my questions in a “Explain me like I’m 5” style. Thank you in a advance kind strangers. What I undeserved is that ETH is moving to proof of stake prot...
More / Etherum Reddit - 2 years ago
I'm currently researching proof of stake and trying to wrap my head around the whole concept, and one thing that I have yet to be able to find information on is...where are these "nodes" that are actually doing the computation to approv...
More / Etherum Reddit - 3 years ago
If I understand correctly, in the coming proof of stake version of Ethereum, there would be the beacon chain, with blocks on it created by validators. These validators will get compensated for doing this. There would also be another chain (execution...
More / Bitcoin Reddit - 3 years ago
submitted by /u/KindlyBlacksmith4003 [link] [comments]
More / Etherum Reddit - 3 years ago
Hey so I have a question regarding the computational work being doing in ethereums pos environment (but really it's a broader question to a proof of stake environment as a whole). My understanding is between pow and pos, you're no longer rel...
Cryptocoins Exchanges / Binance - 3 years ago
submitted by /u/ExtensionSinger4154 [link] [comments]
More / Etherum Reddit - 3 years ago
Please feel free to correct any misunderstandings I have In order to move from proof of work to proof of stake my understanding is there will need to be a 51% consensus among the network which is currently controlled by miners. My question would be...
More / Etherum Reddit - 3 years ago
As it is right now ETH has imo a bit of a 'rich-get-richer' issue with proof of work being dependant on hardware which you have to buy. ETH switching to Proof of stake would give it a similar issue where owning more ETH means you get more ET...
More / Etherum Reddit - 3 years ago
So to me proof of work is what legitimized cryptocurrencies as it equated them pretty much to mined mineral where work to attain and scarcity are what kept their value real. But now that many cryptocurrencies including ethereum are moving towards pro...
More / Bitcoin Reddit - 3 years ago
Great article explaing why Bitcoin mining externalities are better for society than Proof of Stake externalities (aka increasing cost of capital ) https://www.somethinginteresting.news/p/proof-of-stake-will-not-save-us submitted by /u/j...