4 things that concern Vitalik Buterin about moving Ethereum to Proof-of-Stake
4 things that concern Vitalik Buterin about moving Ethereum to Proof-of-Stake
By Matthew Beedham
Ethereum co-founder Vitalik Buterin recently took to Reddit to discuss some of the biggest roadblocks ahead the network’s transition to Proof-of-Stake (PoS). According to Buterin, there are currently four major hurdles ahead of implementing Proof-of-Stake. Here they are: 1. Having lower than expected participation rates in validating 2. Stake pooling becoming too popular 3. Sharding turning out more technically complicated than expected 4. Running nodes turning out more expensive than expected, leading to (1) and (2) Buterin’s primary concern lies in keeping Ethereum’s blockchain decentralized, while also ensuring a low entry barrier for network validators – or put otherwise, making…
This story continues at The Next Web
March 28, 2019 at 10:35PM
via The Next Web https://ift.tt/2OzA4uc
By Matthew Beedham
Ethereum co-founder Vitalik Buterin recently took to Reddit to discuss some of the biggest roadblocks ahead the network’s transition to Proof-of-Stake (PoS). According to Buterin, there are currently four major hurdles ahead of implementing Proof-of-Stake. Here they are: 1. Having lower than expected participation rates in validating 2. Stake pooling becoming too popular 3. Sharding turning out more technically complicated than expected 4. Running nodes turning out more expensive than expected, leading to (1) and (2) Buterin’s primary concern lies in keeping Ethereum’s blockchain decentralized, while also ensuring a low entry barrier for network validators – or put otherwise, making…
This story continues at The Next Web
March 28, 2019 at 10:35PM
via The Next Web https://ift.tt/2OzA4uc
Comments
Post a Comment